220 E Elm Street, Lodi, CA 95240
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
220 E Elm Street,Lodi, CA 95240
$875,000
- - Beds
- - Baths
- 4,982 sq. ft.
- Multi-family
- Pending
Listed by: cameron deruosi
Office: michael a. de ruosi iii
MLS#:226031072
Source:MFMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$175.63
About this home
5 Units. x4 2BD/1BA. x1 1BD/1BA. Current Cap Rate ~7.6%. Pro Forma Cap Rate ~9.2%. 100% Occupancy. This investment property is just one block from Main Street in the heart of Downtown Lodi. The property consists of four spacious two-bedroom, one-bath units of approximately 1,100 square feet each with large, condo-style layouts, plus one one-bedroom, one-bath unit w/ coin operated laundry facilities on-site. Clean, well-maintained building with long-term tenants providing stable occupancy. Rents are currently below market, creating clear upside potential through future rent adjustments. Prime walkable location near Downtown Lodi's shops, restaurants, wine bars, nightlife, and entertainment. Rent roll and expense sheets available upon request or attached to MLS listing. Income and expense figures reflect the current owner's operation of the property.
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Home facts
- Year built:1969
- Listing ID #:226031072
- Added:92 day(s) ago
- Updated:June 16, 2026 at 07:15 AM
Rooms and interior
- Flooring:Carpet, Vinyl
- Living area:4,982 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Wall Unit(s), Window Unit(s)
- Heating:Wall Furnace
Structure and exterior
- Year built:1969
- Building area:4,982 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Corner
- Construction Materials:Brick, Stucco, Wood
- Foundation Description:Concrete
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$175.63
Parking
- Total parking spaces:6
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