Stockton, CA 95202,933 N Madison Street
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Stockton, CA 95202,933 N Madison Street
Stockton, CA 95202,933 N Madison Street
Stockton, CA 95202,933 N Madison Street
Stockton, CA 95202,933 N Madison Street
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Listed by Helen Chong • Real Brokerage Technologies
$ 649,000
Est. payment /mo
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933 N Madison Street Stockton, CA 95202

6,208 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,208 sqft

Price per Sqft $104

MLS Listing ID ML82013341

HOA Y/N No

Year Built 1917

Lot Size 5,000 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Significant Price Improvement! 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.

Location

State CA

County San Joaquin

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

View City Lights


Bay East Association of Realtors

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 13
  • 6

    Primary Years Academy

    Public | KG - 5

  • 6

    Stockton Collegiate International Elementary School

    Public | KG - 5

  • 6

    Aspire Apex Academy

    Public | KG - 5

  • 6

    Aspire Port City Academy

    Public | KG - 5

  • 4

    Wilson Elementary School

    Public | KG - 8

  • 3

    Team Charter

    Public | KG - 5

  • 3

    Spanos Elementary School

    Public | KG - 8

  • 2

    Washington Elementary School

    Public | KG - 8

  • 1

    El Dorado Elementary School

    Public | KG - 8

  • 1

    Pittman Charter

    Public | KG - 8

  • 0

    Annunciation Elementary School

    Private | KG - 8

  • 0

    District Special Education

    Public | KG - 12

  • 0

    Stockton Accelerated Institute

    Private | PK - 9

Middle Schools 2
  • 7

    Stockton Collegiate International Secondary School

    Public | 6 - 12

  • 5

    Aspire Langston Hughes Academy

    Public | 6 - 12

High Schools 4
  • 10

    Stockton Unified Early College Academy

    Public | 9 - 12

  • 7

    Health Careers Academy

    Public | 9 - 12

  • 4

    Weber Institute

    Public | 9 - 12

  • 1

    Stockton High School

    Public | 9 - 12

School and business data provided by Attom Data.
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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933 N Madison Street