About 132 6th Street
7.5% Cap Rate - 7.7% GRM! 132 6th Street is a 13 unit mixed-use property located in South of Market. The property consists of 12 studio apartments and 1 commercial unit. Most of the studios were remodeled within the last few years. They have laminate floors, stone countertops, and stainless appliances. The units receive great natural light. The commercial space was most recently used as a bakery and will be delivered vacant. There is a one-car garage that will also be delivered vacant. The apartments are all-electric units, including heat, and are separately metered for electricity. There is a very large basement that has been used for storage and operational space for the commercial unit over the years. The electrical service and panels have been recently updated with the main panel indicating 800 Amps of power. A seismic soft-story retrofit was completed in 2015. This turn-key investment opportunity will provide cash flow and upside potential at a very low cost basis.
Features of 132 6th Street
| MLS® # | 424079664 |
|---|---|
| Price | $1,995,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,750 |
| Acres | 0.05 |
| Year Built | 1907 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 132 6th Street |
|---|---|
| Area | SF District 9 |
| Subdivision | South of Market |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94103 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Garage |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | None |
|---|
Additional Information
| Date Listed | November 12th, 2024 |
|---|
Listing Details
| Agent | Adam D Filly |
|---|---|
| Office | Compass Commercial |