Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82013341
MLS Source
MLSListings, Inc.
Days on Site
14
Interior Features
Kitchen
Varies by Unit
Appliances
Oven Range
Flooring
Carpet
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Raised
Style
Custom
Parking, School, and Other Information
Garage/Parking
On Street, Garage: 0 Car(s)
Elementary District
Stockton Unified
High School District
Stockton Unified
Water
Public
Zoning
Multi
Contact Information
Listing Agent
Helen Chong
Real Brokerage Technologies
License #: 01700495
Phone: (408) 800-5478
Co-Listing Agent
Peter Whang
License #: 01996428
Phone: (310) 701-7484
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $1,345 | $1,700 | 5 |
| 2 | – | 1 | 1/0 | $1,200 | – | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
933 N Madison St is a Residential Income in Stockton, CA 95202. This 6,208 square foot property sits on a 5,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $999,900 and was built in 1917. This address can also be written as 933 N Madison St, Stockton, CA 95202.
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This listing information is up-to-date as of July 03, 2025. For the most current information, please contact Helen Chong, (408) 800-5478
