Description
First time on the market since 1977 with the entire building renovated. Subject furnished with 5 one bedroom & one bath; 3 two bedrooms & 2 baths; 1 two bedroom and one bath, total of 9 units fully occupied. Sprinkler & fire alarms installed for the safety & benefit of lowering insurance cost. 10 feet ceiling in each of the units. Most of units have updated kitchen & hardwood flooring during 2017 to 2018. Nice size court yard and low maintenance. Worth of investment return of 4.65% cap rate and GRM of 15. Subject is located in Duboce Triangle area, a beautiful neighborhood with trees & foliage lined streets. The neighborhood is distinctly tranquil. The Castro & the Mission are approximately within walking distance with the bustling nightlife, shopping, diverse selection of restaurants, cafes, venues and parks. Easy access to multiple public transportation, MUNI lines are in walking distance. Low maintenance and low vacancy rate due to convenience.
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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5,050SQFT
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$986$/SQFT
School Ratings & Info
Description
First time on the market since 1977 with the entire building renovated. Subject furnished with 5 one bedroom & one bath; 3 two bedrooms & 2 baths; 1 two bedroom and one bath, total of 9 units fully occupied. Sprinkler & fire alarms installed for the safety & benefit of lowering insurance cost. 10 feet ceiling in each of the units. Most of units have updated kitchen & hardwood flooring during 2017 to 2018. Nice size court yard and low maintenance. Worth of investment return of 4.65% cap rate and GRM of 15. Subject is located in Duboce Triangle area, a beautiful neighborhood with trees & foliage lined streets. The neighborhood is distinctly tranquil. The Castro & the Mission are approximately within walking distance with the bustling nightlife, shopping, diverse selection of restaurants, cafes, venues and parks. Easy access to multiple public transportation, MUNI lines are in walking distance. Low maintenance and low vacancy rate due to convenience.
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Listing provided courtesy of Amie Chan of Onni Enterprise, Inc: 650-200-8669.