Jeffrey Marples: San Francisco Real Estate Agent at Marker Luxury Properties
San Francisco Condo ManiaMLS: 424006975 $3,590,000
Studio with 11.0 Baths68 64 6TH STREET
SAN FRANCISCO CA 94103MLS: 424006975
Status: ACTIVE
List Price: $3,590,000
Price per SQFT: $412
Square Footage: 8712Studio
11.0 Baths
Year Built: 1910
Zip Code: 94103
Listing Remarks
Opportunity Knocks! PRICE DROP !!! 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. Commercial Units NOW FULLY LEASED! An attractive option for investors looking for a balanced steady income producing asset. 32 Residential Dorm-Style Single Room Occupancy (SRO) Units. Most rooms upgraded w/tons of opportunity for additional upgrades. Three floors of units - each floor is complete with shared bathroom and showers. 2 commercial units: Commercial Unit (#66) Leased to Thrasher Skateboard Company, $200k in Upgrades. Commercial Unit (#68) Leased to corner grocery store business, $400k in Upgrades including ADA Compliant Bathroom. Full Basement (Vacant) with usage TBD. Excellent standard of building maintenance. Also well managed. Great addition to any property portfolio. A true must-see. Don't miss this opportunity! CAP Rate NOW 4.72% and GRM NOW 14.20 ; Pro Forma CAP Rate 8.51 and GRM 9.27 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.
Address: 68 64 6TH STREET SAN FRANCISCO CA 94103
Listing Courtesy of GOLDEN GATE SOTHEBY'S INTERNATIONAL REALTY
Condo Mania Agent:
Jeffrey MarplesMarker Luxury Properties
San Francisco Real Estate Broker
Phone: 415-336-9695
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Listing Details
FULL BATHROOMS: 11 HALF BATHROOMS: 0 COUNTY: San Francisco SUB TYPE: Tenancy in Common SUB DIVISION: South of Market SUB TYPE DESCRIPTION: Mid-Rise (4-8)
Estimated Monthly Payments
List Price: $3,590,000 20% Down Payment: $718,000 Loan Amount: $2,872,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $18,153 Estimate does not include taxes, fees, insurance.
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Property Location: 68 64 6TH STREET SAN FRANCISCO CA 94103
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Condo Mania Agent:
Jeffrey MarplesMarker Luxury Properties
San Francisco Real Estate Broker
Phone: 415-336-9695
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Last Updated: 2024-04-26