• Six units in Russian Hill, bordering North Beach
• Parking for three cars
• Spacious basement that may offer expansion potential
• Approximately 370% upside in rents
• Charming Edwardian building in one of the city’s most prized locations
Situated near the border of Russian Hill & North Beach, this six unit property offers a tremendous opportunity for the savvy investor. The building consists of six spacious five-room flats, encompassing approximately 6,300 square feet of space per the tax records.
Each of the charming units features hardwood floors, period detail and flexible floor plans with formal dining rooms and eat-in kitchens. There is currently parking for three cars at the rear of the deep lot. The units are separately metered for gas and electricity, keeping operating expenses low. The current rents are vastly below market, offering the new owner the opportunity to add a tremendous amount of value. Owned by the same family over 50 years, this is truly a rare offering.