132 6th ST Active

San Francisco,CA 94103

$ 1995000

0 Bed

0 Bath

6750 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,750 sqft

Price per Sqft $295

MLS Listing ID 424079664

HOA Y/N No

Year Built 1907

Lot Size 2,252 Sqft

Acres 0.0517

Property Description

7.5% Cap Rate - 7.7% GRM! 132 6th Street is a 13 unit mixed-use property located in South of Market. The property consists of 12 studio apartments and 1 commercial unit. Most of the studios were remodeled within the last few years. They have laminate floors, stone countertops, and stainless appliances. The units receive great natural light. The commercial space was most recently used as a bakery and will be delivered vacant. There is a one-car garage that will also be delivered vacant. The apartments are all-electric units, including heat, and are separately metered for electricity. There is a very large basement that has been used for storage and operational space for the commercial unit over the years. The electrical service and panels have been recently updated with the main panel indicating 800 Amps of power. A seismic soft-story retrofit was completed in 2015. This turn-key investment opportunity will provide cash flow and upside potential at a very low cost basis.

Location

State CA

County San Francisco

Area Sf District 9

Interior

Fireplace No

Exterior

Garage Spaces 1.0

Total Parking Spaces 1

Building

Lot Description None

New Construction No

Others

Tax ID 3726005

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