933 N Madison Street, Stockton, CA 95202 (MLS # ML82013341)

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PRICE $999,900 dsIDX morgage calculator
SIZE 6,208 sqft
LOT SIZE 5,001 sqft
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Tremendous opportunity to achieve 9%+ cap rate with rental agreements already in place. 8 unit multi-family located near downtown Stockton with great unit mix - two bedroom (5), one bedroom (3). Historically high cash flow performing asset with additional upside. One of the buildings suffered fire damage (to one area of building and unit), and currently vacant but has agreements in place; leases signed, for immediate occupancy once repairs are complete and occupancy certificate issued. All units individually metered, more than half of the current leases have utilities paid by tenants; owner responsibility minimal in terms of utility expenses. Great entry point for investors willing to put in some work, with opportunity for immediate returns on rental income with completion of repairs. Corner lot with ample parking. Utility companies note address as 931-941 N Madison. Contact broker team for further details.

DAYS ON MARKET 1 LAST UPDATED 7/3/2025
YEAR BUILT 1917 COMMUNITY 699 - Not Defined
COUNTY San Joaquin STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR None
AIR CONDITIONING Yes
AREA 699 - Not Defined
HEAT Wall Furnace
LOT 5001 sq ft
TAXES 12499
WATER Public
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TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 933 N MADISON STREET
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