Property Overview:
This multifamily property in the Parkside neighborhood offers an excellent investment opportunity with four 1-bedroom, 1-bathroom units (three units delivered vacant). The property spans 1,510 sq. ft. and features a new foam roof and new exterior paint (2024). It includes three parking spaces (one single and one tandem for two cars), bonus storage rooms, a laundry area with a seller-owned coin-operated washer and dryer, and a level rear yard. The vacant upper rear unit boasts views.
Neighborhood Highlights:
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Convenient Location:
Centrally located near restaurants, shops, parks, and the newly renovated Muni L Taraval light rail line. -
Community Appeal:
Situated in the desirable Parkside neighborhood, offering a mix of urban amenities and residential charm.
Property Features:
- Well-maintained with certified metal fire escape balconies and ladders.
- Parking: Includes three spaces (one single and one tandem for two cars).
- Laundry: Equipped with a coin-operated washer and dryer.
- Outdoor Space: Features a level rear yard.
- Vacant Unit: Upper rear unit with views, ideal for owner-occupancy or rental potential.
Investment Potential:
- Turnkey Opportunity: Ready for immediate rental income with three vacant units.
- Recent Upgrades: New roof and exterior paint ensure low maintenance costs.
- Prime Location: Proximity to transit, dining, and recreation enhances tenant appeal.