1608 Folsom St - Multi-Family FOR SALE


San Francisco, CA 94103- Mission
$2,075,000 USD
510-387-6820
1608 Folsom St, San Francisco, CA for Sale
$2,075,000 USD
Multi-Family - FOR SALE
1/12
null | 4.93% Cap Rate

1608 Folsom St
San Francisco, CA 94103
Mission


HIGHLIGHTS

  • 3 Fully rented units with 1 unwarranted Studio
  • Outdoor space. Garage for 1 car or 2 small cars
  • Easy access to public transit.

OVERVIEW

Welcome to 1608 Folsom Street a well-maintained and fully occupied 3+1 unit building in a vibrant and highly accessible part of San Francisco. This property features three spacious 2-bedroom, 1-bathroom units, each offering a full kitchen, sit-in dining area, in-unit washer and dryer, and thoughtful layouts ideal for comfortable living. Additionally, there is an unwarranted studio unit, also fully rented, providing added income potential. Som e units include private outdoor balconies or patios, perfect for relaxing or entertaining. The property also offers on-site parking for up to 3 standard cars or 2 SUVs a rare and valuable amenity in the city. Located in the heart of SOMA, this property is just steps away from Trendy cafes, nightlife, artisan breweries, and major tech offices. Easy access to BART, Muni, and freeways makes commuting a breeze. With strong rental income and surrounded by some of the city's most dynamic amenities, 1608 Folsom is a smart addition to any investment portfolio.

FOR SALE DETAILS

PRICE

$2,075,000 USD

PRICE/SF

$496 USD /SF

# OF UNITS

3

PRICE/UNIT

$691,667

CAP RATE

4.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

3515-011

ASK ABOUT THIS PROPERTY

Gabriel GaliotheCompass CommercialMore Info
510-387-6820

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Gabriel GaliotheCompass CommercialMore Info
510-387-6820

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.