10.7 GRM and 6.3% Cap Rate on current income. Highly-upgraded nine unit building in the Mission District. The building consists of a nice mix of units ranging from 1bd to 4bd/2ba. All of the units were taken down to the studs and remodeled in 2014 with condominium quality finishes including stone countertops, stainless steel appliances, in-unit laundry, and an appealing modern aesthetic. There is a shared bicycle storage room and storage lockers. The quality and conveniences of these apartments keeps them in high-demand in any rental market. All of the building systems, including foundation, plumbing, radiant heat, electrical, roof, solar panels, and windows were all replaced in 2014. Unit 1375 has a spacious private roof deck with downtown views. It is convenient to bars, restaurants, and public transportation. Amazing cash flow on actual income. Turn-key investment opportunity!
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