About 2209 Gough Street
Pacific Heights, Trophy 5-unit Multifamily investment property! Excellent $207,624 annual gross income with 5.41% cap rate that offers strong cash flow and long-term appreciation in San Francisco's most desirable neighborhood. Tenants are highly cooperative, easy to manage, and pay market rent. Major building renovations include: Seismic retrofit, fire alarms, fire sprinklers, upgraded electrical panels, security surveillance cameras, lighted pathways with sensors, and epoxy paint coated on exterior walkways. All of the units have undergone extensive renovations, including: upgraded kitchen and bathrooms, stainless steel appliances, and several new furnaces and water heaters. Notable building features include 2 car garage parking (currently 1 vacant), storage room, separate electrical and gas meters, individual water heaters, and common laundry. The ground floor unit enjoys a private backyard with recently installed wood fencing, white landscaping marble rocks, and solar lights. Value-add potential to build a rooftop deck with gorgeous water, bridge, and mountain views! Walking distance to Lafayette Park, Whole Foods, Marina, and Fillmore/Union Streets, tenants enjoy easy access to shopping, dining, and public transportation. Don't miss this rare opportunity!
