138-140 Lower Ter San Francisco, CA 94114
Are you in search of an exceptional investment opportunity or considering a 1031 Exchange? Look no further than 138-140 Lower Terrace. This property underwent a substantial renovation and expansion in 2016, enhancing its appeal and functionality. The lower flat, 138, boasts 4 bedrooms and 3 bathrooms spread across two levels, offering exclusive access to a charming garden and garage. Meanwhile, the upper unit, spanning a single level, features 4 bedrooms and 2.5 bathrooms. Notably, residents of the upper unit enjoy exclusive use of a stunning rooftop deck boasting breathtaking bay views. Currently, the upper unit commands a rental income of $6, 500 while the lower unit is leased for $7, 600, totaling a monthly rent of $14, 100 and yielding an attractive cap rate of 5.3%. Both units are equipped with radiant heat in the bathrooms and showcase elegant marble floors complemented by light wood flooring throughout.
- Property TypeMulti-Family
- NeighborhoodCorona Heights
- CountySan Francisco
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site14 Days
- MLS StatusActive
- MLS ID Number424027778
- Home Size Source N/A
- Year Built1963
- Lot Size0.0573 Acres
- Full BathsN/A
- Partial BathsN/A
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