$2,300,000 | 6 UNITS | NOPA

In Contract

407-411 Lyon Street

6

Units

5.3%

Cap Rate

12.5

GRM

4,975

Square Feet

407 Lyon Street is an incredible value. Located in the heart of NOPA, one of the city’s best rental locations, the building has much to offer. There is a nice mix of 1bd, 2bd, and 3bd units. The apartments are separately metered for gas and electricity, and operating expenses are very low. The units have hardwood floors and Victorian charm. Priced at a 5.3% Cap Rate, this building will offer an investor immediate cash flow with upside potential remaining.