About 1369 Filbert Street

<<  1 of 1 photos Exterior :: 1369 Filbert Stree >>	Offered at: $2,695,000 Neighborhood: Russian Hill City: n/a yet    Property Type: 5+ Units Status: Sold Parking: 2 Presented By: Chris O'Connor David Parry   415-351-4622 (Office) 415-346-4530 (Fax) Contact me: chrisoconnor@mcguire.com   My Current Listings
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Highlights:

Property Details:

Rarely-available seven-unit apartment building on the western slopes of Russian Hill, close to the desirable Polk Street neighborhood. All units are four rooms (used as two bedrooms) with one bath. There is two-car tandem parking and a rear patio. A fine investment property with potential for tenants-in-common ownership.

This is a lovely Edwardian-style wood-frame apartment building in a desirable location with access to good transportation across town and to the Downtown area. It was constructed in 1928 as six units, from plans by prolific architect John Porporato. The building has upside potential for investors, or it could be an excellent TIC candidate for owner-occupiers. The apartments are arranged two per floor on the top three levels. The top floor units have fine Golden Gate Bridge views. The seventh unit is a lobby-level rear apartment which overlooks the south patio. There is two-car tandem parking. See over for scheduled income and expenses.

BLOCK/LOT: 0525/027 LOT SIZE: 25' x 125' SQ.FT: 7,060 (per tax records)

NOTES:
Prospective buyers are advised to review, prior to making any offer, an inspection report by Markoff Structural Pest Control dated October 2, 2009. Offers should include an acknowledged disclosure package, available from listing agents, which includes that report.