About 39-43 Genoa Place
An exceptional property featuring three units in the highly sought-after Telegraph Hill neighborhood. A versatile building presenting a unique opportunity for TIC converters, Owner-users, Pied--terre seekers enjoying market rate rental income, or an investment propeprty with strong projected financials (12.5 GRM and a 5.78% cap rate). Originally constructed in 1906 and extensively remodeled in 1988-1989, this triplex houses a diverse unit mix with broad appeal. Upper Unit: A stunning two-level 2-bedroom, 2-bath unit featuring a private deck that spans the width of the unit, offering breathtaking views of the Financial District, North Beach, and the Golden Gate Bridge. Middle Unit: A charming 1-bedroom, 1-bath unit with period details, perfect for a cozy living experience. Lower Unit: Peacefully perched above street level, this spacious 2-bedroom, 2-bath unit offers comfort and flexibility. Each unit is equipped with fireplaces, dishwashers, and washer & dryer hookups, ensuring convenience and comfort for tenants or owners alike. The building is well-appointed with essential safety features, including upgraded electrical systems, sprinklers on all floors, and hardwired smoke detectors, providing peace of mind. Each unit has individual heat, water heaters, and PGE meters.
