About 1756 Broadway Street
4.3% Cap in turn key condition! Rare opportunity to own an amazing apartment income property from a converted mansion in Pacific Heights - a sought-after rental market neighborhood. 1756 Broadway Street is a rare grand mansion originally built in 1904 and converted into 7-unit apartments in the main building, many decades ago, on a 50' wide city lot, with a detached 2-car side-by-side parking garage at the rear of the property. After the current owners acquired this magnificent property, they substantially improved it and maximized its potential by adding two additional units. A large studio unit with tall ceilings on the garden level, and another unit is the conversion of the existing garage structure into an open-concept one-bedroom detached cottage with in-unit laundry and a private-use garden. A perfect pied--terre for an out-of-city owner or Airbnb, accessed through a separate gated entrance. Additionally, these two buildings have undergone a permitted structural seismic retrofit... and more. Closed walk to neighborhood amenities for dining, cafes, and shopping on Union Street, Chestnut Street, Upper Polk Street, and farther to The Presidio and Crissy Field in the Marina. This fully detached original grand mansion's main structure comprises seven individually designed features, a unique layout, and architectural apartment units, two units per floor. The first two floors of units have soaring ceilings, wood floors, multiple decorative fireplaces, and period details. The 2nd-floor and 3rd-floor North-side units have Golden Gate Bridge and Bay views. Updated kitchens and bathrooms in the majority of units in the building. Grand entry lobby with stained-glass windows, soaring ceilings, and a wide staircase with beautiful woodwork. The property sits on a 50-foot-wide lot with a 137.5-foot depth, and amenities include a landscaped common garden and a on-site coin-operated laundry. In addition, the detached cottage at the end of the lot has an exclusive garden entering from a separate gated entrance. Two-car tandem uncovered parking behind the gated entrance.
