331 333 Cortland Ave #331a
$1,895,000

331 333 Cortland Ave #331a

3,146 Sq.Ft.

Description

Located in the highly sought after Cortland corridor, this 3-unit Edwardian w/2 bldgs on one lot is perfect for the boutique investor or live/work space with side of income. Property is in excellent condition with fully built-out air-conditioned and ADA compliant commercial unit on street level (Tenant–More Mojo Chiropractor– pays $4500/month-2 years remaining + 5 yr option). Vacant upstairs 3bd/2ba offers flex for next owner and was most recently used as neighborhood light commercial space. Vacant 1 bd/1 ba 2-story updated cottage w/excellent privacy and storage out back. Solar panels for each unit offer low utility cost. Current owner completed significant structural and system upgrades. Walk to restaurants, shops, library, parks and all that gives Bernal Heights its sweet village-y appeal. Easy access to transportation and freeway as well. 96-walk score; Projected GRM: 13.7 based on projected $138,000 Gross Annual Income;5.7% scheduled cap rate based on projected NOI @$108,000

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Location

331 333 Cortland Avenue Unit 331a , San Francisco 94110

Status

Sold Sep 19th, 2022
Meryl  Bennan

Meryl Bennan

TITLE

Realtor® | meryl.realestatesf.com

Property Amenities

Area & Lot
Living area 3,146 Sq.Ft.
Type Commercial
Status Sold Sep 19th, 2022
Finance
Sales Price $1,895,000
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