San Francisco
Built in 1911, 1555 Hyde Street consist of five (5) 2-bed 1 bath units, two(2) 1-bed 1-bath units with proven conversion potential. Additionally, the ground floor unit provides conversion and expansion potential by capturing additional semi-finished square footage below the unit.
The commercial tenants are on a 3 year lease with 2 years left. Units are all separately metered for gas and electric as well as a separate water meter for the commercial storefront. The property has been extensively renovated, including new exterior paint and waterproofing throughout, renovated common areas, and upgraded electrical service.
With 4 units benefiting from Golden Gate Bridge views, this is a great opportunity to for an investor to acquire a turn-key asset, in a premium location, with significant upside achievable through a proven renovation plan.