$2,295,000 | 6 UNITS | NOPA

Just Listed

407-411 Lyon Street

6

Units

12.0

GRM

5.5%

Cap Rate

4,975

Square Feet

407-411 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. Just two blocks to the Divisadero corridor, this location
also provides tenants easy access to conveniences like Bob's Donuts, Automat,
Matching Half Cafe, and McBaker Market. For recreation the Panhandle and
Golden Gate Park are within walking distance. Priced at a 5.5% Cap Rate, this
building will offer an investor immediate cash flow.