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Listed by Davis Nguyen Compass Commercial
$2,950,000
Est. payment /mo
7 Beds
11,748 SqFt
Price Dropped by $50K
537 Hyde ST San Francisco, CA 94109
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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 $251
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 $293,747, a 5.1% Cap Rate, and a GRM of 10.0, 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
