Tucked away on a quiet street, 462 Delhi Ave presents a rare opportunity to own a thoughtfully updated 5-unit building, each offering a comfortable 1-bedroom, 1-bath layout. The property has seen a series of tasteful improvements that enhance both function and appeal, while preserving its classic charm. Over the years, Most units have been refreshed with new flooring, appliances, and wall heaters, creating a warm and welcoming living space for tenants. Select units feature new windows, and Unit 4 enjoys a fully remodeled bathroom with updated plumbing. The building itself has been painted inside and out, with a new wooden fence adding privacy and curb appeal. Behind the scenes, key upgrades like new main electric panels for Units 4 and 5, and improved ventilation systems in the kitchens, ensure peace of mind for the next owner. With potential rents ranging from $950 to $1,150 per unit, this is an ideal income-generating property well-positioned for steady cash flow and long-term value.
MLS # | ML81969815 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1945 |
Days On Site | 67 |
Listing Provided By | Intero Real Estate Services | Eddie Oberoi |
SQ Feet | 2,003 |
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Building(s) | 2 |
Zoning | Multi family |
Acreage | 0.14 |
Cooling | None |
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Heating | Wall Furnace |
Heating Yes / No | Yes |
Cooling Yes / No | Yes |
Roof | Shingle |
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State | CA |
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County | San Joaquin |
City | Stockton |
Zip Code | 95206 |
Area | 699 Not Defined |
School District | Other |
Listing VS Median (in 95206) | |
Price: $599,999 low | high Med: $498,000 SqFt: 2,003 low | high Med: 2,147 $ / SqFt: $300 low | high Med: $232 On site: 67 low | high Med: 108.000000 |