Description
Revised price after back on the market with big price adjustment of $325k drop from initial asking and additonal half a percent buyer's agent incentive (3% now)! Priced now at 11 GRM, 4.58 Cap. It is a great opportunity for an investor to add to its portfolio of trophy assets. This is a desirable 12 units residential plus successful thriving retail in a vibrant desirable rental neighborhood with heavy pedestrian traffic. This is a highly sort after location for new arrivals to the City in need of housing at a reasonable rate. The building is well situated close to shops, dining, public transit, and entertainment. Initially build as a hotel later converted to apartment use, this building has an open atrium and wide stairwell with a skylight that brings a lot of lights and ventilation to the interior common area. The building has a desirable unit mix of 10 studio and 2 one-bedroom units that are easy to manage and rent out. Easy to show. Shown by appointment.
Location
Listing Agent: Eric Chin Courtesy of: Coldwell Banker Realty Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS ®, but is not warranted. Updated: 7th February, 2023 11:17 AM (UTC)
