1142-1146 Montgomery ST Pending

San Francisco,CA 94133

$ 2450000

6 Beds

0 Bath

4395 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,395 sqft

Price per Sqft $557

MLS Listing ID 425008723

Bedrooms 6

HOA Y/N No

Year Built 1907

Lot Size 2,731 Sqft

Acres 0.0627

Property Sub-Type Multi Family

Property Description

1142-1146 Montgomery Street presents a rare opportunity to acquire a 6-unit apartment building with significant upside potential in the highly coveted Telegraph Hill neighborhood of San Francisco. Built in 1907, this property boasts six spacious 1-bedroom/1-bathroom units, a large 5-car garage, and a prime location steps from the vibrant Jackson Square and Financial District. With three recently remodeled units, upgraded electrical service, and a strengthened foundation, the property offers immediate cash flow and a solid foundation for future value creation. The potential to add a roof deck with stunning views and develop a tenant amenity space on the rear parcel with mesmerizing Bay Bridge vistas further enhances the investment appeal. Offered at a 5.2% cap rate, 1142-1146 Montgomery Street is a compelling investment opportunity for those seeking a blend of current income and future value appreciation in one of San Francisco's most desirable locations.

Location

State CA

County San Francisco

Area Sf District 8

Interior

Fireplace No

Laundry In Unit

Exterior

View Bay,Bay Bridge,City,Downtown,San Francisco

Total Parking Spaces 5

Building

Lot Description None

Story 3

Foundation Concrete

Level or Stories Three Or More

New Construction Yes

Others

Tax ID 0134024

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