537 Hyde ST Active

San Francisco,CA 94109

$ 3000000

7 Beds

0 Bath

11748 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,748 sqft

Price per Sqft $255

MLS Listing ID 425010484

Bedrooms 7

HOA Y/N No

Year Built 1923

Lot Size 5,153 Sqft

Acres 0.1183

Property Sub-Type Multi Family

Property Description

This well-maintained 1923 building at 537 Hyde Street presents an excellent opportunity for investors. Offering 16 units, including 7 one- bedrooms and 9 studios, this property provides a solid foundation for strong rental income and long-term appreciation. Key Features: Strong Cash Flow: With a Gross Scheduled Income of $341,630, a 6.5% Cap Rate, and a GRM of 8.8, this property demonstrates attractive financial performance. Desirable Location: Located in The Tenderloin, this property benefits from proximity to public transportation, walkability to amenities, and strong tenant demand. Well-Maintained Building: This property features on-site laundry and a large, well-maintained yard/outdoor area for exclusive use of tenants, providing a comfortable and enjoyable living environment for residents. Investment Potential: This property offers opportunities for value enhancement through potential upgrades and rent increases, further enhancing its profitability.

Location

State CA

County San Francisco

Area Sf District 8

Zoning RC-4

Interior

Fireplace No

Window Features Bay Window(s)

Laundry Common Area

Building

Lot Description Garden,Shape Regular,None

New Construction No

Others

Tax ID 0320002

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