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Description
154-164 8th St. is a terrific valued-add opportunity consisting of 14 units, 2 commercial and 12 residential units. The excellent unit mix with FIVE vacant units (four residential and 1 commercial) affords the new owner the opportunity to immediately increase the propertys cashflow. Pro-forma estimations have the building operating at 13.5 GRM and a 4% Cap Rate. Seismic retro fit completed in 2016. Corner location gives the property excellent long-term development potential, rounding out a wonderful SOMA investment.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than KW Bay Area Estates are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2022 MLSListings Inc. All rights reserved. http://www.mlslistings.com/ Updated: 31st May, 2023 12:18 AM (UTC)
Listing Agent: Paul Beaudreau | Agent phone: 650-627-3757
Listing Office: KW Advisors
