Turn-Key Apartment Building | 12 Units

Highlights:

• Corner Apartment Building in the heart of the Mission District
• Turn-key investment with upside
• 3 new, two-bedroom accessory dwelling units
• Exquisite Victorian details
• Well maintained property
• Five units with full renovations
• Ornate mantelpieces & stained glass windows
• Retail, dining and nightlife nearby
• Soft story retrofit completed
• Upgraded building systems

Description:

Impressive 12-unit apartment building in the heart of the Mission. This turnkey investment has undergone extensive renovations throughout with 3 high-end ADUs constructed and 5 apartments with down-to-studs, full-unit renovations. The property still maintains much of original Victorian charm, with ornate fireplaces, stained-glass windows and period details throughout. The property consists of 3 full-floor, two-bedroom flats, 3 two-bedroom ADUs, and 6 one-bedroom apartments. The building systems have undergone a nearly complete upgrade: new foundation, new electrical, new plumbing, new hot water system, new rear decks, soft story retrofit, upgraded fire panel, recent roof and a recent paint job.

Of the recently leased units, 8 are at or near market rents. The building’s laundry room consists of 4 washer and dryers. Residents will enjoy a vibrant lifestyle with retail, dining, and nightlife just blocks away. Located across from the Garfield Recreation Center, the park offers an urban green space, playground, soccer field and a newly renovated public pool. This property has been impeccably maintained and is an unmatched hassle-free investment opportunity

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