505-509 23rd ave District 10 - Southeast, CA 94121
Active
$1,950,000
15%
Units
Beds
Baths
2,770 Area(sq.ft.)
2,770 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 81952156ML |
| Days On Market: | 55 |
| County: | San Francisco |
| Property Type: | Residential Income |
| Price per ft2: | $ 704 |
| Year Built: | 1913 |
Property Details
Uncover a rare investment gem in Central Richmond! This triplex, ideally situated at the corner of Geary Blvd and 23rd Ave, presents a prime opportunity for capital improvements and lucrative returns. Featuring three levels, the first unit (509) with 2 bdrm/1 bath rents for $2,600/month. The second level houses two units (507 and 505), with 505 currently leased and 507 available. Embrace the potential for renovations, capitalize on rental income, and seize the live-work possibilities in this coveted location. Explore the possibilities, inquire now! Buyers are encouraged to conduct thorough investigations to ensure their satisfaction. Central Richmond (and its Inner and Outer counterparts) encompasses a large, flat span of San Francisco. The neighborhood is wonderfully diverse with many second and third generation families. Housing options are as varied and established; single-family homes, condos and multi-unit properties span the architectural spectrum from Victorian to mid-century.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Cap Rate: | 1.93% |
| Gross Rent Multiplier: | 38.99 |
Structure
| Security Features: | None |
| Sewer: | Sewer - Public |
| Water: | Public |
Land & Parking
| Zoning: | RH2 |
| Parking Garage: | On Street |
Interior
| AC/Cooling: | None |
| Heating: | Electric, Natural Gas |
Exterior
| Roof: | Other |
Detailed Map
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