28 S American Street, Stockton, CA 95202

Property Description

Stellar Income, Cash Cow! Performing Asset! 30 Apt units, which includes a separate Managers' Quarters! In addition, 3 street-level floors are approximatley, 15,000 +- Sq.Ft., plus a basement, which is not calculated in the Public Record square footage, that may be, approximately +-, an additional 5,000 +- Sq.Ft. with approximately 10,000.00+- Sq. Ft. in use, with 29 Units, which according to Seller, are almost 100% occupied, which is Subject To Change, without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft., of Residential/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Close to shopping, transit, dining, coffee, shops, etc.,coupled with easy, convenient, Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH! ADVISEMENT: Intrust Properties, Inc., is Exclusively Representing the Seller(s), NOT the Buyer(s), i.e., NOT a Dual-Agency Brokerage/Real Estate Firm. Therefore, please contact a Licensed California Real Estate Brokerage Firm, of your choice, for an Exclusive Agency Representation, and additional information about the Subject Property.