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238-248 Noe Street

$2,300,000

238-248 Noe Street, San Francisco, CA 94114

Active
Last Updated: 02/04/2025

5.05

Cap Rate

116,083

NOI

Details:
Cap Rate:    5.05%
NOI:    $116,083
Building Size:    7,500 sqft
Lot Area:    2,992 sqft
Units:    6
Year Built:    1905
Price Per Unit:    $383,333
Zoning:    RH-3
Parking Spots:    4
Description:

238-248 Noe Street is a 7,500 square foot multifamily property on a 2,992 square foot lot in a prime location in Duboce Triangle. Surrounded by the charm of the tree-lined streets and stunning views of the city, this property offers a unique opportunity to be part of one of San Francisco’s most desirable communities. Residents will appreciate the vibrant atmosphere, cultural attractions, and recreational opportunities that surround Duboce and the Castro.

The property is comprised of six (6) - 2 BD / 1 BA units, along with four (4) parking spaces and private backyard. The units feature hardwood floors, granite countertops, bay windows (in-some units), generous closet space and are separately metered for gas & electricity. This corner apartment building is conveniently located a couple blocks away from Duboce Park and a nice walk to the Castro.

238-248 Noe Street is a meticulously maintained asset that offers investors or Owner Occupiers tremendous income upside potential in a coveted location in San Francisco.

Map:
Documents:
Title
238-248_Noe_St_OM.pdf
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Location
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