About 1142-1146 Montgomery Street
1142-1146 Montgomery Street presents a rare opportunity to acquire a 6-unit apartment building with significant upside potential in the highly coveted Telegraph Hill neighborhood of San Francisco. Built in 1907, this property boasts six spacious 1-bedroom/1-bathroom units, a large 5-car garage, and a prime location steps from the vibrant Jackson Square and Financial District. With three recently remodeled units, upgraded electrical service, and a strengthened foundation, the property offers immediate cash flow and a solid foundation for future value creation. The potential to add a roof deck with stunning views and develop a tenant amenity space on the rear parcel with mesmerizing Bay Bridge vistas further enhances the investment appeal. Offered at a 5.2% cap rate, 1142-1146 Montgomery Street is a compelling investment opportunity for those seeking a blend of current income and future value appreciation in one of San Francisco's most desirable locations.
Features of 1142-1146 Montgomery Street
| MLS® # | 425008723 |
|---|---|
| Price | $2,450,000 |
| Bedrooms | 6 |
| Bathrooms | 0.00 |
| Square Footage | 4,395 |
| Acres | 0.06 |
| Year Built | 1907 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active Under Contract |
Community Information
| Address | 1142-1146 Montgomery Street |
|---|---|
| Area | SF District 8 |
| Subdivision | Telegraph Hill |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94133 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Garage |
| View | Bay, Bay Bridge, City, Downtown, San Francisco |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | Three Or More |
| Has Basement | No |
Exterior
| Lot Description | None |
|---|---|
| Foundation | Concrete |
Additional Information
| Date Listed | January 31st, 2025 |
|---|
Listing Details
| Agent | Clinton C Textor |
|---|---|
| Office | Marcus & Millichap |