About 1400 Mission Street 1400
Still available to show, looking for backup offers! Discover a rare blend of immediate income and long-term upside with this bright and spacious 2-bedroom, 2-bathroom condo in a sleek 2015 high-rise. Featuring floor-to-ceiling windows, an open-concept layout, stainless steel appliances, and in-unit laundry, this home offers modern comfort with minimal maintenance. Currently leased at $3,728/month to a reliable Section 8 tenant since 2020, with on-time payments and stability. This unit is part of the 150% AMI BMR rental program, allowing rents up to $6,100/monthoffering strong cash flow today and significant rent growth potential. Legally designated as a market-rate condo, the BMR restrictions expire in 2038. After that, the unit becomes fully unrestrictedproviding the option to live in it, rent at full market value, or sell with no income or resale limits. Located in a secure, professionally managed building with an elevator, rooftop garden, and prime access to BART, MUNI, 101/80, tech hubs, dining, and shopping. Perfect for investors seeking steady returns and future flexibility, or homebuyers planning ahead for long-term ownership in the heart of San Francisco.
