Opportunity Knocks! Distinctive 34-unit with full basement, building with pride of ownership and great tenant profile. This mixed-use South of Market property combines opportunity + upside. An attractive option for investors looking for a balanced steady income producing asset. High traffic corner location. 32 Residential Single Room Occupancy (SRO) Units, 18 Vacant. Most rooms upgraded w/tons of opportunity for additional upgrades. Three floors of units | each with 2 separate rooms consisting a shower + toilet combo in addition to a toilet room. 2 commercial units: Commercial Unit (#66) Leased to Thrasher Skateboard Company, $200k in Upgrades. Commercial Unit (#68) Leased to 6th St Market, $400k in Upgrades including ADA Compliant Bathroom + Full Basement. Excellent standard of building maintenance. Also well managed. Great addition to any property portfolio. A true must-see. Don't miss this opportunity!
LOCATION: Dynamic SoMa Location on 6th! Corner building near downtown. Shopping, BART, MUNI, Cafes, Restaurants, Night Spots, Social Services all here. Immersed in many NEW buildings and neighborhood features. Opportunity to create a trophy building.
BUILDING FEATURES :
34 Unit Building + Full Basement
32 Residential Single Room Occupancy (SRO) Units
18 Rooms Vacant
Excellent Tenant Profile
Most Rooms Upgraded
Tons of Opportunity for Additional Upgrades
Three floors of Units - Each with 3 Shared Bathrooms
Commercial Unit (#66) - Leased to Thrasher Skateboard Company, $200k in Upgrades
Commercial Unit (#68) - Leased to 6th St Market, $400k in Upgrades including ADA Compliant Bathroom + Full Basement
Excellent Standard of Building Maintenance and Upgrades
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