5947-5949 Geary Blvd 6 Unit Apartment Building $1,895,000 ($315,833/Unit) 5.26% Cap Rate San Francisco, CA 94121

Mid Century Modern mixed use 6-unit residential income located in prime Central Richmond District of San Francisco. Consisting of five spacious 1 bedroom + 1 bath apartments with additional ground floor commercial store front that provides ADA accessible bathroom and separate utility meters. There is also a common area coin-operated laundry room, gated entry and additional storage provided. Currently all units are tenant occupied providing excellent annual income with potential to grow. With close proximity to some of the best landmarks in the city such as Golden Gate Park, The Presidio, Legion of Honor, Lincoln Park Golf Course, or Lands End, Sea Cliff and Ocean Beach, the Geary Boulevard corridor offers popular restaurants, bars, grocery stores, coffee shops and easy MUNI Public Transportation with direct access to downtown and much more.
Property is Subject to Tenants Rights (photos of vacant units were taken prior to being rented). PLEASE Do Not Disturb Occupants. No For Sale sign or lockbox at property. PLEASE contact Agent with any questions and/or info. NOI is actual at $99,692. Cap is 5% & GRM 14.2%. Commercial earns $1,500 per month with 5% increase every other year. Coin-op laundry earns $280 per month. Leases Available. Seismic Retrofit completed. Newer Roof.