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Listed by Clinton C Textor Marcus & Millichap
$ 2,450,000
Est. payment /mo
Pending
1142-1146 Montgomery ST San Francisco, CA 94133
6 Beds
4,395 SqFt
UPDATED:
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
