About 2721-2725 Harrison Street
Investor Opportunity - Inner Mission Gem - Renovated 4-Unit w/ 5.49% Cap Rate! This professionally managed, well-maintained 4-unit building features one VACANT unit and a strong rental income stream. The property includes one 1BD + office/1BA, two 1BD/1BA units, and one studio, 3 with adjacent decks. All units were extensively renovated in 2009 including kitchens, bathrooms and include wood floors, recessed lighting, double-paned windows, individual forced-air furnaces and water heaters. Shared amenities include a landscaped courtyard, large basement with laundry and storage rooms. Additional key capital improvements: sewer line replacement in 2020, exterior painted and wood repairs in 2023. Prime location near 24th St BART, 101 FWY, and endless restaurants and cafes. Walk Score 99, Transit Score 84, Bike Score 100. Total annual income: $112,229; expenses: $35,406; Cap Rate: 5.49%; GRM: 12.47. Price per unit: $350,000. Disclosure package available, including general inspection, structural pest report, tenant leases/notices, monthly and annual income/expense reports, invoice/receipts from completed work. Offer memorandum in attachment link.
