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Turnkey Investment

$1,900,000

28-32 Elgin Park, San Francisco, CA 94103

Active
Last Updated: 02/04/2025

5.9

Cap Rate

113,023

NOI

Details:
Cap Rate:    5.9%
NOI:    $113,023
Building Size:    3,392 sqft
Occupancy:    100%
Class:    A
Units:    4
GRM:    11.5
Description:

Discover an exceptional investment opportunity at 28-32 Elgin Park in San Francisco's vibrant Mint Hill neighborhood. This well-maintained multi-family property, built in 1908, comprises four turnkey units, each thoughtfully updated in recent years to blend historic charm with modern conveniences. Unit Configuration: The front building features three full-floor flats, each offering 2 bedrooms, while a charming, free-standing rear cottage provides additional living space. Modern Updates: All units have been recently renovated, ensuring a move-in-ready experience for tenants and maximizing rental potential. Spacious Layout: Collectively, the property boasts a generous 3,392 square feet of living space, providing comfortable accommodations across all units. Prime Location: Situated near the Valencia Corridor, Hayes Valley, and Market Street, residents enjoy easy access to a plethora of shopping, dining, and transportation options. Historic Appeal: Period details such as high ceilings and classic architectural elements have been preserved, adding to the property's unique character. The property presents a compelling opportunity for investors seeking a stable income stream and is poised to attract discerning tenants and provide long-term value

Map:
Documents:
Title
28-32_Elgin_Park_OM.pdf
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Location
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