Distinctive 34 Unit Mixed Use Building South Of Market!
33 Beds
11 Baths
8,712 Sqft
2,614 Sqft lot
1
Views for last 30 days
14
MLS#SF426144902
About the Property
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 (S
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.