Stockton, CA 95202,933 N Madison ST
Stockton, CA 95202,933 N Madison ST
Stockton, CA 95202,933 N Madison ST
11
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Listed by Helen Chong • Real Brokerage Technologies
$649,000
Est. payment /mo
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3 Beds
2 Baths
6,208 SqFt
Price Dropped by $150K

933 N Madison ST Stockton, CA 95202

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,208 sqft

Price per Sqft $104

MLS Listing ID ML82013341

Style Custom

Bedrooms 3

Full Baths 2

Year Built 1917

Lot Size 5,000 Sqft

Property Sub-Type Five or More Units

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

Area Stockton Central

Zoning Multi

Rooms

Kitchen Oven Range, Varies by Unit

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet

Exterior

Parking Features On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

View City Lights

Roof Type Composition

Building

Foundation Raised

Sewer Sewer Connected, Sewer in Street

Water Public

Others

Restrictions None

Tax ID 137-140-26

Security Features None

Special Listing Condition Not Applicable


MLSListings Inc. (MLSListings)

A FEW WORDS FROM PAST CLIENTS

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 6

    Commodore Stockton Skills

    Public | KG - 8

  • 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

  • 5

    Rio Calaveras Elementary School

    Public | KG - 8

  • 5

    Peyton Elementary School

    Public | KG - 8

  • 4

    Victory Elementary School

    Public | KG - 8

  • 4

    Wilson Elementary School

    Public | KG - 8

  • 4

    August Elementary School

    Public | KG - 8

  • 3

    Cleveland Elementary School

    Public | KG - 8

  • 3

    Huerta Elementary School

    Public | KG - 8

  • 3

    Team Charter

    Public | KG - 5

  • 3

    Spanos Elementary School

    Public | KG - 8

  • 3

    Aspire Rosa Parks Academy

    Public | KG - 5

  • 2

    Tyler Elementary School

    Public | KG - 8

  • 2

    Kohl Open Elementary School

    Public | KG - 8

  • 2

    Washington Elementary School

    Public | KG - 8

  • 2

    Harrison Elementary School

    Public | KG - 8

  • 2

    Van Buren Elementary School

    Public | KG - 8

Middle Schools 2
  • 7

    Stockton Collegiate International Secondary School

    Public | 6 - 12

  • 5

    Aspire Langston Hughes Academy

    Public | 6 - 12

High Schools 11
  • 10

    Stockton Unified Early College Academy

    Public | 9 - 12

  • 9

    Middle College High School

    Public | 9 - 12

  • 8

    Pacific Law Academy

    Public | 9 - 12

  • 7

    Health Careers Academy

    Public | 9 - 12

  • 4

    Weber Institute

    Public | 9 - 12

  • 4

    Edward C. Merlo Institute of Environmental Studies

    Public | 9 - 12

  • 3

    Edison High School

    Public | 9 - 12

  • 1

    Stagg Senior High School

    Public | 9 - 12

  • 1

    Stockton High School

    Public | 9 - 12

  • 0

    St Mary's High School

    Private | 9 - 12

  • 0

    Jane Frederick High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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933 N Madison ST