Investment Opportunity in the Outer Mission - Two-Unit Building on Expansive Lot Unlock the potential of this two-unit building located in the vibrant Outer Mission neighborhood. Situated on a large 42 x 80 lot, this fully tenant-occupied property offers a unique setup: each unit is divided into five individual rooms, all rented separately, providing a steady stream of income. While the building needs some work, the opportunity to add value is undeniable. With the right vision and improvements, this property could shine and command even higher returns. The expansive lot offers possibilities for outdoor enhancements or future development. Located in a bustling area with convenient access to public transportation, shopping, and dining, this property is ideal for investors looking to capitalize on a sought-after location. Dont miss your chance to transform this diamond in the rough into a prime real estate asset!
Property Details
Property Features
Property Information:
Year Built: 1913
Stories: 0
Living Area: 2,260 SqFt
Listing Office:
Office Name: Laurel Realty & Investment
Office Phone: (415) 601-2779
Listing Agent: Jeff Appenrodt
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Attached, Uncovered
Lot Features
Lot Information:
Lot: Other
Lot Size: 0.08 Acres
School Info
Assigned Schools Information:
Balboa High School, Public District Grades 9-12
Burton (Phillip and Sala) Academic High School, Public District Grades 9-12
Lowell High School, Public District Grades 9-12
Denman (James) Middle School, Public District Grades 6-8
San Francisco Community Alternative, Public District Grades KG-8
Aptos Middle School, Public District Grades 6-8
Longfellow Elementary School, Public District Grades KG-5
Mission Education Center, Public District Grades KG-5
Fairmount Elementary School, Public District Grades KG-5
Price Information
Listing Price Info
Price Summary:
List Price: $849,000
Price Per SqFt: $376/SqFt
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Longfellow Elementary School
755 Morse St
Distance between this listing and this school0.45 miles
Public District Grades KG-5
2
/10
Mission Education Center
1670 Noe St
Distance between this listing and this school1.88 miles
Public District Grades KG-5
4
/10
Fairmount Elementary School
65 Chenery St
Distance between this listing and this school1.92 miles
Public District Grades KG-5
Middle School
5
/10
Denman (James) Middle School
241 Oneida Ave
Distance between this listing and this school0.34 miles
Public District Grades 6-8
5
/10
San Francisco Community Alternative
125 Excelsior Ave
Distance between this listing and this school0.89 miles
Public District Grades KG-8
6
/10
Aptos Middle School
105 Aptos Ave
Distance between this listing and this school1.57 miles
Public District Grades 6-8
High School
7
/10
Balboa High School
1000 Cayuga Ave
Distance between this listing and this school0.37 miles
Public District Grades 9-12
6
/10
Burton (Phillip and Sala) Academic High School
400 Mansell St
Distance between this listing and this school2.06 miles
Public District Grades 9-12
10
/10
Lowell High School
1101 Eucalyptus Dr
Distance between this listing and this school2.36 miles
Public District Grades 9-12
Assigned Schools
3
/10
Longfellow Elementary School
755 Morse St
Distance between this listing and this school0.45 miles
Public District Grades KG-5
2
/10
Mission Education Center
1670 Noe St
Distance between this listing and this school1.88 miles
Public District Grades KG-5
4
/10
Fairmount Elementary School
65 Chenery St
Distance between this listing and this school1.92 miles
Public District Grades KG-5
Assigned Schools
5
/10
Denman (James) Middle School
241 Oneida Ave
Distance between this listing and this school0.34 miles
Public District Grades 6-8
5
/10
San Francisco Community Alternative
125 Excelsior Ave
Distance between this listing and this school0.89 miles
Public District Grades KG-8
6
/10
Aptos Middle School
105 Aptos Ave
Distance between this listing and this school1.57 miles
Public District Grades 6-8
Assigned Schools
7
/10
Balboa High School
1000 Cayuga Ave
Distance between this listing and this school0.37 miles
Public District Grades 9-12
6
/10
Burton (Phillip and Sala) Academic High School
400 Mansell St
Distance between this listing and this school2.06 miles
Public District Grades 9-12
10
/10
Lowell High School
1101 Eucalyptus Dr
Distance between this listing and this school2.36 miles
The neighbors living near this home have an average income of $68,586. The majority of San Francisco, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 87 Niagara Ave in San Francisco, CA and zip code 94112 in the Outer Mission neighborhood. This 2,260 square foot home, which was built in 1913, sits on a 0.08 acre lot. Features: 6 bedrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $849,000.
While more than 149 listings in San Francisco, CA in September 2024 were sold above asking price, there were more than 32 listings sold at asking price, and more than 100 were sold below. Between August 2024 and September 2024, San Francisco, CA real estate market has seen increase in the number of listings by 8.3%. Listings spent 41 days on the market in September 2024, and had a median list price of $1,400,412 during the same period.
From Rocket Homes Real Estate and based on county public records data.