- Thirteen Tenant Occupied Residential Units -
- Three Commercial - Pet Store & Restaurant -
(Business Not Included in Sale, Property Only) -
- Two Separate Buildings / Corner Lot -
- Adjacent to Douglass Park / City Views -
- GRM: 13.61 / CAP Rate: 6.92 / Zoned: NC-1 -
- Quiet & Convenient Noe Valley Location -
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Rare opportunity to own a 16-unit commercial/residential corner building in the heart
of Noe Valley. This building consists of 9 One bedrooms, 4 Studios, and 3 Commercial
storefronts (currently used as two) an established restaurant, and a pet store. Most units
have inlayed hardwood floors, and great original detail. There are two buildings on the lot,
plenty of storage and a central courtyard with fishpond. Located adjacent to Douglass Park, public trans-portation and area shops. There was a new high-pressure boiler system
installed less than a year ago. Annual income is aprox. $242,000.
Subject to sellers 1031 exchange.