447-451 Green St 5 Unit Apartment Building $2,350,000 ($470,000/Unit) 5.30% Cap Rate San Francisco, CA 94133

447 Green Street is a rare opportunity to acquire a well-located 2-building compound on the western slope of Telegraph Hill. Situated on 2 parcels totaling approximately 6,375 square feet, the property features 5 full-floor two-and three-bedroom flats (one has a formal living and dining room), hardwood floors, in-unit washer and dryers, abundant natural light and sweeping views of Coit Tower from some units. Several units include renovated kitchens and baths. The front building on Green Street contains three flats, including one vacant unit, along with two-car tandem parking vacant and storage space.
Tucked beside the rear building is a charming courtyard leading to two additional flats, a private deck and an entrance on Pollard Place just off Vallejo Street. With low operating expenses - as residents cover water, heat and garbage - the property presents an exceptional investment opportunity for both investors and owner-users seeking upside through the vacant flat and parking. Just steps from North Beach's celebrated restaurants, cafes, nightlife and retail corridors, and only blocks from Jackson Square and the Financial District, the property offers an unmatched combination of location, character and long-term potential.
Features:
• 2 Buildings, 5 Flats
• Ideal North Beach Location
• Upside in Rents
• Natural Light in Units
• Spectacular Views of North Beach & Telegraph Hill
• 2-Car Tandem Parking to be Delivered Vacant
• Quaint Central Yard
• Low Expenses - Residents Cover Hot Water & Heat
• Nearby Transit Options