$2,795,000 4 UNITS | NOPA

Available

1664-1670 Fell Street

4

Units

5,280

Square Feet

5.1%

Cap Rate

14.2

GRM

Charming four-unit building in prime NOPA location. These large, light filled units have hardwood floors, high-ceilings, built-ins, and period charm. Tenants appreciate the pleasant outlooks into the Panhandle directly across the street. There is a large undeveloped attic space that offers expansion potential for
these flats. Each unit has sought-after modern conveniences to appeal to today’s renters, including in-unit laundry, dishwashers, and a spacious backyard. The garage is currently used as storage by the owners and will be delivered vacant. This space offers tremendous value-add potential through the addition of ADUs. Unapproved drawings demonstrate the potential to add four 1-bedroom units - buyer to verify to their own satisfaction. Some of the recent upgrades include a new sewer-lateral, newer roof with skylights, and newer exterior paint. This excellent location is in close proximity to the conveniences of Divisadero Street, Haight-Ashbury, and Hayes Valley, making it one of the most desirable rental locations in San Francisco.