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Listed by Trecia Knapp City Real Estate
$1,100,000
Est. payment /mo
10 Beds
2 Baths
2,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $458
MLS Listing ID 426116508
Bedrooms 10
Full Baths 2
HOA Y/N No
Year Built 1907
Property Sub-Type Quadruplex
Property Description
Perched on a sunny corner in sought-after Potrero Hill, 1401-1407 Rhode Island Street presents a rare opportunity to own a classic four-unit Edwardian building with character, light, and compelling investment fundamentals. Each of the four spacious 1-bedroom residences showcases timeless period charm, highlighted by beautiful bay windows with desirable south and west exposures filling the homes with natural light and offering delightful outlooks, including partial views. Interiors feature warm hardwood floors, inviting living spaces, and functional layouts that appeal to both tenants and future owner/occupants. The property sits on a prime corner lot, benefiting from excellent curb appeal and easy street parking an uncommon advantage in San Francisco. Its location offers exceptional connectivity with quick access to Highways 101 and 280, as well as nearby Muni lines and Caltrain, making commuting throughout the Bay Area seamless. Investment highlights include: Four (4) charming Edwardian 1BR units. Strong in-place income with a 6.0% CAP rate. No OMI or Ellis Act history. Desirable tenant location with enduring rental demand. Classic architecture with upside potential. This is a standout opportunity to acquire a well-located, character-rich asset in one of San Francisco's most beloved neighborhoods ideal for investors seeking stable returns with long-term appreciation potential.
Location
State CA
County San Francisco
Area Sf District 9
Interior
Fireplace No
Exterior
View City Lights
Building
Lot Description None
New Construction No
Others
Tax ID 4282019
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