3318-3320 22nd St 4 Unit Apartment Building $4,711,230 CAD ($1,177,808 CAD/Unit) 5.73% Cap Rate San Francisco, CA 94110

3318-3320 22nd Street is a six unit mixed-use property in Dolores Heights. This highly improved asset consists of five large one-bedroom units and a ground-floor retail space. Four of the apartments have been recently remodeled with quality finishes and modern flair while maintaining their classic Edwardian charm. A new roof was installed within the past five years. The building has newer electrical panels. Each of the remodeled units feature hardwood floors, in-unit laundry, stone countertops, and ornate tilework. Two of the five apartments have AC units, and four units have their own tankless water heaters. Some of the units have nice outlooks over the city. The ground floor apartment opens up to a large rear garden perfect for entertaining or relaxing.
Situated just west of Valencia Street, this location provides easy access to the best features of the Mission District while maintaining a quiet neighborhood feel. Tenants also are just blocks away from Dolores Park, making this a highly desirable rental location. This is an excellent opportunity to acquire a fully-occupied turn-key asset that will provide immediate cash flow