2724-2728 22nd Street

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Now with One Unit VACANT 2724-2728 22nd Street High Quality 3 unit Building $2,295,000

Features

Features

3 unit (one vacant) rental building in the Mission. Detached on three sides, great light/air, Nice little back yard area, Huge basement that had garage plans approved in '08, storage is not a part of the lease agreements, expansion potential for an additional unit or add a floor to the lower unit. 3 identical full floor flats remodeled down to the studs in 2008 to TIC/Condo standards, each flat is approx. 1233 sq ft, 2 full baths each, Washer Dryers included in each unit, all stainless kitchens etc.  Separate on demand hot water heaters. All new windows, floors, electrical, plumbing, walls.
 
Full inspection reports available.

Extremely low maintenance low cost building

Perfect 1031 exchange candidate 

Plenty of upside in rents approx. 35% 

Tenants pay all utilities including water and garbage

Great tenant profile, all young professionals with 2009, 2010, and 2011 move in dates.

Hot Mission district location 

Rents are:

Unit 2724 $4,200 Projected Unit Became vacant on March 6th 2017

Unit 2726 $2,918 May 2011 Move In Date

Unit 2728 $2,918 Sept. 2010 Move In Date

Total $9,991

$119,892 annual income

Tax at asking price $28,242

Insurance $3,500

Utilities $120 

Neighborhood

Inner Mission

Without a doubt, the Mission District is one of San Francisco's most vibrant neighborhoods. Stately turn-of-the-century homes line the sunny blocks of this uniquely San Franciscan district. In between its main thoroughfares of Dolores, Guerrero, and Valencia, you can find many smaller hidden architectural treasures dotting the intimate cross-street alleyways.

San Francisco's oldest building stands at the corner of 16th and Dolores. Constructed in 1776, Mission Dolores draws the gaze of passersby with its clean, early-colonial Mexican style. It remains an active Roman Catholic church, and is open daily for services and to visitors alike. Just around the corner is Dolores Park, one of the city's great neighborhood hangouts, where you might be lucky enough to catch an outdoor performance by the San Francisco Mime Troupe. Time seems of no consequence on sunny afternoons while families recline along the comfortably sloping landscape. Daytime is for the sun-worshipping crowds, while warm nights are all about people watching.

Valencia Street is among the hippest nighttime destination on the planet. Throngs of young folks dropping into the trendy new eateries, filling the local watering holes for their fix of poetry and music, hitting the local performance spaces for inspired avant-garde happenings. You will find a cultural mecca, as well as a food experience beyond compare along these lively streets.

Public transportation is as good as it gets in the Mission. Two BART stations, at 16th and Mission and 24th and Mission, complement a complete bus schedule to downtown and beyond.

Schedule

Schedule

Open Houses: 

Brokers Tour:

 

Additional Showings by Appointment:

Contact Anthony Koutsos
415.218.2539
anthony.koutsos@gmail.com

Contact Taya Katz
415.753.5652
taya@realestatebayarea.com

Contact

Contact

Anthony Koutsos

Anthony Koutsos

Realtor® AssociateCalBRE# 01347469415.218.2539 directanthony.koutsos@gmail.comwww.anthonykoutsos.com

Taya Katz

Taya Katz

CalBRE# 01237576415.753.5652 office415.310.8452 mobile415.753.5652 directtaya@realestatebayarea.comhttp://www.realestatebayarea.com