Listed by Maven Commercial, Inc
$1,850,000
42-46 Wayne Place
Details
APN 0159-034
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,104
Units 3
Cap Rate 5.64%
NOI $104,342
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.51%
Pro-Forma NOI $120,469
Price per SqFt $596
Year Built 1913
Stories 3
Lot Size (SqFt) 1,398
Zoning RH-3
Investment Type Stabilized
42-46 Wayne Place, San Francisco, CA 94133
Marketing description
42-46 Wayne Place is a well-maintained three-flat apartment building located in the heart of North Beach / Chinatown. The property consists of 2 two-bedroom flats and 1 three-bedroom flat. Flats have been lightly renovated and feature modern kitchens. The property benefits from low operating expenses, with separately metered gas and electrical systems. Additional features include a small ground-floor storage or office space and on-site coin-operated laundry. Located just one block from the cable car line, the property offers strong rental income, and upside from future renovations and ADU development.
Investment highlights
- Well Maintained 3-Flat Apartment Building
- Low Expenses
- Solid Rental Income
- ADU Opportunity
- Modern, Renovated Kitchens
- Units Lightly Renovated
- Fully Occupied
- Cable Car Line 1 Block Away
Listing Contacts
Listed by Maven Commercial, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,342.00
$8,695.17/mo
Valuation Metrics
0
DSCR
5.64%
Cap Rate
5.64%
ROI
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