1488-1498 Fulton St San Francisco, CA 94117
1488 Fulton Street is a turn-key corner asset in one of the city's best rental locations. In the heart of NOPA, only two blocks from Divisadero, this investment has much to offer. Each unit has a private entrance off the street, providing a house-like feel. Four of the apartments are spacious 3bd units that maintain much of their original charm and character. There is a large and nicely finished 1bd unit at the ground level. The sixth unit is a corner retail space that is occupied by a fitness studio with a lease that runs through August 2026 with one 5yr extension option. The upper flats have been nicely upgraded and maintained. They boast high-ceilings, decorative fireplaces, and great natural light. Several of them have in-unit laundry. Each unit is separately metered for water, electricity, and gas, thus keeping operating expenses very low and insulating the landlord from increases in utility costs. The soft-story seismic retrofit was completed in 2020. This is a rare opportunity to purchase a turn-key asset in the best NOPA location. Priced to sell at 5.7% cap rate!
- Property TypeMulti-Family
- NeighborhoodNorth Panhandle
- CountySan Francisco
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site79 Days
- MLS StatusPending
- MLS ID Number424010645
- Home Size Source N/A
- Year Built1910
- Lot Size0.0717 Acres
- Full BathsN/A
- Partial BathsN/A
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