Say hello to this hot investment opportunity in the Central Richmond District with a 4.2% CAP rate, 15.5 GRM, and only $384,375 per unit! This well maintained, low-maintenance building consists of 8 units and 8 car parking. The building has a mix of two studios, two Jr.1 bedroom, and four 1-bedroom units, spanning over 5,310sqft. 2 units and 4 parking spaces will be delivered vacant. The roof was replaced in 2015, almost all of the units have been updated to a modern style, and the building comes equipped with coin operated laundry. Located on a quiet street close to the shops/restaurants of Clement, Geary and California. Walking distance to Lincoln Park and the Presidio! Constructed in 1964 on a quiet block, the building is well-kept and offers very ideal unit layouts, modern amenities, ample natural light and a prime location!
Say hello to this hot investment opportunity in the Central Richmond District with a 4.2% CAP rate, 15.5 GRM, and only $384,375 per unit! This well maintained, low-maintenance building consists of 8 units and 8 car parking. The building has a mix of two studios, two Jr.1 bedroom, and four 1-bedroom units, spanning over 5,310sqft. 2 units and 4 parking spaces will be delivered vacant. The roof was replaced in 2015, almost all of the units have been updated to a modern style, and the building comes equipped with coin operated laundry. Located on a quiet street close to the shops/restaurants of Clement, Geary and California. Walking distance to Lincoln Park and the Presidio! Constructed in 1964 on a quiet block, the building is well-kept and offers very ideal unit layouts, modern amenities, ample natural light and a prime location!