Property Details: • Type: Multi-Family • Bedrooms: 0 • Bathrooms: 14 • Square Feet: 7047 • Lot/Size: 2,284 sqft lot
Description: 677 Ellis Street presents a rare opportunity to acquire a fully renovated, turnkey 14-unit apartment building in the heart of San Francisco. Comprised of fourteen studio residences, the property offers investors an attractive 6.50% current CAP rate with stable in-place income and minimal deferred maintenance. Recent capital improvements include brand-new electrical throughout the building, while the units have been extensively renovated with high-end designer finishes, creating a modern living experience that appeals to today's urban renter. This is an ideal opportunity to own a quality, low-maintenance asset in one of San Francisco's most supply-constrained rental markets.