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127 E 6th St 4 Unit Apartment Building $1,249,348 CAD ($312,337 CAD/Unit) 6.70% Cap Rate Tracy, CA 95376
INVESTMENT HIGHLIGHTS
- Four Units Comprised of One 4bd/2bth House, Two 1bd/1bth Units, & One Studio
- Approximately 35% Rental Upside in Non Rent Controlled City
- Permits For 1,100 SqFt 2Bd/2Bth 5th Unit Currently in Approval Process
- Walking Distance to Downtown Tracy
EXECUTIVE SUMMARY
127 E 6th St is a four unit multifamily property located in Tracy, CA. Set on a spacious 9,375 sqft lot the four units comprise of one standalone 4bd/2bth house, two 1bd/1bth units, and one studio. Additionally, there is a large 1100 sqft. basement beneath the main house which is currently in the approval process for the occupancy permit from the city of Tracy. Recent improvements include, but are not limited to, new windows, new flooring, new plumbing, new bathrooms, and fresh interior and exterior paint. All units are separately metered for gas and electric. Tenants enjoy the luxury of being just steps away from Downtown Tracy.
Tracy embodies a lively and diversified community containing a distinct array of top-quality parks, a vibrant art scene, and unsurpassed amenities. Just 24 miles from Stockton organizations, Tracy encompasses West Valley Mall, an aviation flight school, and an Amazon fulfillment center. With everything this town has to offer, including desirable schools, great restaurants, and a history museum, Tracy serves as an ideal destination for families.
Tracy embodies a lively and diversified community containing a distinct array of top-quality parks, a vibrant art scene, and unsurpassed amenities. Just 24 miles from Stockton organizations, Tracy encompasses West Valley Mall, an aviation flight school, and an Amazon fulfillment center. With everything this town has to offer, including desirable schools, great restaurants, and a history museum, Tracy serves as an ideal destination for families.
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| Studios | 1 | - | - |
| 4+2 | 1 | - | - |
1 1
Walk Score®
Very Walkable (87)
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127 E 6th St
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