530 S School ST new Save Request In-Person Tour Request Virtual Tour
Lodi,CA 95240
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,265 sqft
Price per Sqft $342
MLS Listing ID 225119488
HOA Y/N No
Year Built 1892
Lot Size 7,640 Sqft
Acres 0.1754
Property Sub-Type 5 or More Units
Source MLS Metrolist
Property Description
The School Street Apartments are a five (5) unit apartment complex located in Lodi, California. The property provides an investor a unique opportunity to own an apartment complex with a stabilized cash flowing investment property near many daily needs and other retail uses in a high barrier to entry market. Lodi is an extremely desirable rental market with historically low vacancy. The apartment complex is comprised of four (4) 1-bedroom, 1-bathroom units, approximately 1,500 SF; and one (1), 3-bedroom, 1-bathroom house that is approximately 1,271 SF. The apartment grounds offer residents ample parking, spacious living quarters, newly remodeled units. In addition to the amenities listed above the complex is two blocks from Downtown Lodi, Lodi's main entertainment district that includes a 12 screen movie theatre, numerous wine tasting rooms, bars, and restaurants.
Location
State CA
County San Joaquin
Area 20901
Direction Traveling north on HWY 99, take exit 264B onto Kettleman Lane (HWY 12). Head west on Kettleman Lane for 1 mile and then turn right onto S. School Street. Continue north on S. School Street for .75 miles. the property will be on your right just after crossing the W. Tokay Street intersection.
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s),Window Unit(s)
Flooring Carpet,Vinyl,Wood
Appliance Gas Water Heater
Laundry Other
Exterior
Parking Features Street,See Remarks
Utilities Available Cable Connected,City,Electric,Natural Gas Connected
Water Access Desc See Remarks
Porch Balcony/Deck
Total Parking Spaces 5
Building
Lot Description None
Story 2
Foundation Raised
Sewer See Remarks
Water See Remarks
Schools
Elementary Schools Lodi Unified
Middle Schools Lodi Unified
High Schools Lodi Unified
School District San Joaquin
Others
Senior Community No
Tax ID 045-230-22
Special Listing Condition None