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3 Units Multi Family In San Francisco CA 94110

  • Writer: iBuyRightProperties.com
    iBuyRightProperties.com
  • Jun 10, 2020
  • 1 min read

A Deal that you don't want to miss!!



Off Market

Multi Family


Asking Price: $1.5million


Desirable Sunny Mission District:

Address: 1040-42 florida st. San Francisco CA 94110

3 Units: Multi Unit Property

Please do not disturb Tenants!


Current Income:

3/1-$3250-Tenant Occupied

3/1-$4000- Vacant at Close of Escrow

ADU -$2500-Currently Vacant


Potential Income(SF market rents)

3/1-$3500-$4000 per month

ADU-$2500-$3000 per month

Total=$9500-10k per month


Property Specs:

6/2 Living area -1368 sqft

ADU Living area-550sqft

2 story

Built 1900

Lot size-2600 sqft

$9500-$10k monthly

Gross Annual Income-$114k-120k

Expenses-19k

Net income-95k

Cap Rate-6.3%

For Sale price-$1.5million.

Financing Available. Information provided by seller.


Beautiful Victorian 2-unit building with a cottage in the rear on a charming block in the vibrant Mission District. The building is comprised of two updated and stylish flats and a cottage. Both units have 4 rooms and a spacious eat-in kitchen. The rear cottage has a bright and airy living room and a remodeled kitchen and bathroom with a sunny rear patio and yard.


NDA, LOI, POF required for more info or views.






WN

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