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933 North Madison Street
933 North Madison Street
933 North Madison Street
933 North Madison Street
933 North Madison Street
933 North Madison Street
933 North Madison Street
933 North Madison Street
933 North Madison Street
933 North Madison Street
933 North Madison Street
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$999,900

933 North Madison Street

6,208 Sq.Ft.

Description

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.

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Location

933 North Madison Street, STOCKTON, CA 95202

Status

For Sale
Helen Chong

Helen Chong

TITLE

Founder, CCIM, CIPS, GRI

Peter Whang

Peter Whang

TITLE

Real Estate Investment Advisor

Alina Siert

Alina Siert

TITLE

Chief of Staff to Founder & CEO | Broker Associate

San Francisco Bay Area

Discover prime commercial real estate investments in the heart of the San Francisco Bay Area with HAYLEN Group. From high-potential office spaces to lucrative retail properties, we provide unparalleled access to a diverse portfolio that meets your investment goals in one of the world's most dynamic markets.

Property Amenities

Interior
Appliances Oven, Range
Flooring Carpet
Area & Lot
Lot Area 4,791.6 Sq.Ft.
Living area 6,208 Sq.Ft.
MLS® ID ML82013341
Year Built 1917
School District Stockton Unified
View Description City Lights
Architecture Styles Custom
Type Multi-Family
Status For Sale
Exterior
Pool None
Air conditioning None
Heat type Wall Furnace
Water Source Public
Parking On Street
Roof Composition
Finance
Sales Price $999,900
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 933 North Madison Street, STOCKTON, CA 95202. We are reviewing your request and will be in touch shortly!

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