Property Listing No Longer Available for Sale

1520 Sacramento Street, San Francisco, CA

Multi-family for Sale - $2,398,000 - 4,758 Sq. Ft. on 0.05 acres


Property Info

CIMLS#913181
Location
  1520 Sacramento Street
  San Francisco CA 94109
UpdatedOctober 25th, 2016
TypeMulti-family
Price$2,398,000
Building4,758 Sq. Ft.
Land0.05 acres

Property Description

This 6 unit apartment building has been well maintained with the ownership in the same family for over 40 years. Each unit consist of 4 rooms most of which are been rented as two bedroom/ one bath apartments. Most units have rental upside. Cable Cars and bus lines are easily accessible from Hyde Street. CVS and Trader Joe's are short walk away.

The kitchens have gas stoves and the baths are shower over bathtubs. Each unit is heated by electric wall mounts. Tenants pay for electricity and gas, while landlord pays for water, hot water and trash. One unit (apt.4) was renovated in 2013.

The building has a 5 year old roof, circuit breaker electrical service and 2-50 gallon water heaters installed in late 2015.

The basement includes a spacious storage area, with a sprinkler system currently not utilized.

Location Description:

Located within the confines of one of San Francisco's "Seven Hills", Nob Hill, one of the strongest rental markets city wide. It's close location to Union Square, the Financial District, the Polk Gulch, and Chinatown make this a very desirable location for both property owners and tenants alike. Being steps away from Hyde Street allow residents easy access to numerous bus lines and Cable Cars.

Highlights:

>> Six Units in sought after Nob Hill Neighborhood

>> Close to many of the City's conveniences

>> High Tenant Demand with Rental Upside

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Financials


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