• Six spacious two-bedroom units
• Priced at only a 14.5 GRM
• Clean and well maintained units
• Large basement with storage
• Centrally located near Fillmore, Geary, and Japantown
This six unit building consists of six nearly identical Romeo-style flats. All of the units are two-bedroom with one bathroom. The units have hardwood floors and period details. The building has separate meters for gas and electricity, and tenants pay for their own heat, keeping operating expenses low. The property has been professionally managed and maintained, so there is little deferred maintenance. Centrally located in Western Addition, the building provides great access to Fillmore Street, Japantown, Geary Blvd, and the Van Ness corridor. Priced at only a 14.5 GRM and a 4.5% cap rate, the property will provide immediate cash flow and still maintains much upside potential.