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Apartment San Francisco (United States)by golden gate sotheby's international realty

ApartmentSan Francisco (United States)
Price :
$3,590,000
bedrooms33 bathrooms11 land243 m²

Opportunity Knocks! Distinctive Thirty-four unit with full basement, building with pride of ownership and great tenant profile. This mixed-use South of Market property combines opportunity + upside. Seller Rate Buy Down Available. Two Commercial Units. An attractive option for investors looking for a balanced steady income producing asset. Thirty-two Residential Dorm-Style Single Room Occupancy (SRO) Units. Most rooms upgraded w/tons of opportunity for additional upgrades. Three floors of units - each floor is complete with shared bathroom and showers. Two commercial units: Commercial Unit (#66) Leased $200k in Upgrades. Commercial Unit (#68) Leased to corner grocery store business, $400k in Upgrades including ADA Compliant Bathroom. Full Basement (Vacant) with usage TBD. Excellent standard of building maintenance. Also well managed. Great addition to any property portfolio. A true must-see. Don't miss this opportunity! CAP Rate NOW 4.72% and GRM NOW 14.20 ; Pro Forma CAP Rate 8.51 and GRM 9.27 Dynamic SoMa Location on 6th! Corner building near downtown. Shopping, BART, MUNI, Cafes, Restaurants, Night Spots, Social Services all here. Immersed in many NEW buildings and neighborhood features. Opportunity to create a trophy building.
Advertiser reference : GYQ52KLe Figaro Properties reference : 66085426

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Apartment San Francisco (United States)

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Malin Kansal Group

golden gate sotheby's international realty
360 Primrose Rd.94010 Burlingame (United States) All the listings of this agency

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