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
Price Information
Listing Price Info
Price Summary:
List Price: $799,000
Price Per SqFt: $354/SqFt
Tax Information:
Annual Amount: $7,998
Tax Year: 2021
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Longfellow Elementary School
755 Morse St
Distance between this listing and this school0.45 miles
Public District Grades KG-5
4
/10
Guadalupe Elementary School
859 Prague St
Distance between this listing and this school0.57 miles
Public District Grades PK-5
5
/10
George Washington Elementary School
251 Whittier St
Distance between this listing and this school0.61 miles
Public District Grades KG-5
Nearby Schools
5
/10
James Denman Middle School
241 Oneida Ave
Distance between this listing and this school0.41 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 school1.63 miles
Public District Grades 6-8
Nearby Schools
7
/10
Balboa High School
1000 Cayuga Ave
Distance between this listing and this school0.37 miles
Public District Grades 9-12
2
/10
Leadership High School
350 Seneca Ave
Distance between this listing and this school0.44 miles
Public Charter Grades 9-12
6
/10
City Arts and Tech High School
325 La Grande Ave
Distance between this listing and this school0.96 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. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
This home is located at 87-89 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 $799,000.
Over 208 listings were sold over their listed price in November 2024 in San Francisco, CA. In the same period over 151 listings were sold below the listed price and 41 listings were sold for the listed price. In November 2024 in San Francisco, CA there were 16.1% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,412,216, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.