Fantastic 4-Unit Income Opportunity
Fantastic 4-Unit Income Opportunity
Fantastic 4-Unit Income Opportunity
Fantastic 4-Unit Income Opportunity
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Fantastic 4-Unit Income Opportunity
Fantastic 4-Unit Income Opportunity
Fantastic 4-Unit Income Opportunity
Fantastic 4-Unit Income Opportunity
Sold

Fantastic 4-Unit Income Opportunity

16-20 Lexington

$2,405,000
Investment Opportunity. Four-Unit building in prime Mission location, with $196,200 Pro-Forma annual income. This charming Mission building offers four 2 bedroom,1 bath units (3 have washer/dryers), minimal expenses and 3 car parking (not currently dedicated to tenants). Two units occupied, two units vacant, great for owner move-in.
 
The last apartment to lease received over 60 applications at market rent. The incredibly desirable location is just moments to Dolores Park, Bi-Rite Market, Tartine Bakery, Delfina, Farina Pizzeria, Tacolicious, Mission Chinese, and one block from 16th and Mission BART.
 
• 4 Unit Building with huge income opportunity
• Prime Mission location, on serene alley
• 2 occupied units, generating income
• 2 vacant top floor units available for tenancy or an owner move-in
• 3 Units with washer/dryer
• 3 Car Parking, with no spaces promised to tenants
• Landlord expenses are minimal
• Tenants pay Gas, Electricity, and Garbage
• Recently finished structural upgrades
• Last apartment for rent received over 60 applications
• Just moments to the best of The Mission: Dolores Park, Bi-Rite Market, Tartine Bakery, Delfina, Farina Pizzeria, Tacolicious, Mission Chinese
• Approx. one block from 16th and Mission BART
 
 

8
beds

4
baths

2,950 Sq.Ft. LIVING AREA

Gregg Lynn

Gregg Lynn

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms4
  • full bathrooms4

Area & Lot

  • Status Sold
  • Living Area2,950 Sq.Ft.

Financial

  • Sales Price$2,405,000

Work With Us

Momentum is the force behind the most successful real estate transactions, which is why unmatched accessibility is a cornerstone of the Gregg Lynn Team’s client partnerships. Clients benefit from a built-in network of top-tier agents focused and available to strategize and negotiate when momentum is most critical. Discover why our clients refer us - and return to us - for a representation experience unlike any other available in San Francisco and beyond.

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