This three unit Alamo Square Edwardian provides the opportunity to acquire a large investment property in a prime location with both rental upside and development potential. Each floor of the building consists of nearly 2000 sf of living space. 506 Divisadero Street is a large flat that provides an owner-user the opportunity take the existing vintage charm and renovate the kitchen and bathroom. The basement allows for the owner's to either double the square footage to unit 506 , or build brand new ADUs. The middle flat (508) has the stability of the current on-site manager and 5 individual rooms leased. The current income of $2710 provides rental upside given market rent of $5500. The top floor unit (510) will be delivered with three rooms vacant and the potential to capture another floor of occupancy by developing the pitched room attic space.
MLS #
SF424006574
MLS Source
San Francisco Association of Realtors® MLS
Buyer's Brokerage Compensation*
2.5%
Heating
Separate
Roof
Shingle
Foundation
Slab
Style
A-Frame, Edwardian
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 3 | 3 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 1,948 | 5 | 2/2 | $550 |
2 | 1,948 | 5 | 1/1 | $2,901 |
3 | 0 | 5 | 1/1 | $1,175 |
506 Divisadero St is a Triplex in San Francisco, CA 94117. This 5,844 square foot property sits on a 2,780 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in 1895.
This address can also be written as 506 Divisadero St, San Francisco, CA 94117.©2024 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 20, 2024. For the most current information, please contact Liam Fitzpatrick, (415) 359-2400