985-991 Greenwich Street
Large (4660 square feet per tax records) Russian Hill Four Unit Building with 1 car garage AND huge basement with 12+ foot ceilings. Rooftop deck with views.
Zoned RM-1 (Residential Mixed Use)
Includes conceptual plans for remodeling the units and adding a car stacker to the basement level. Plans have been submitted to the DBI.
Two top floor units: 2-3bd/1ba - delivered VACANT
Two lower units: 2bd/1ba - currently tenant occupied, month-to-month
Projected gross annual income: $168,000
Projected cap rate: 4.4%.
One of the best locations in the city - walking distance to North Beach, Washington Square Park, Joe DiMaggio Playground/Library/Pool, Michaelangelo Playground. Nearby highly rated Yick Wo Elementary School. Easy access to transit, Chinatown and the Financial District.