San Francisco Triplex with a bonus property - Fixer, huge upside
Off Market**Selling my interest/Contract to buy this property but I have the capacity and intention to buy it.
This Victorian property located in the heart of the Richmond district.
12 bedrooms 5 bath, 3575 sqft.
There are TWO structures on one Lot - a triplex with significant fire damage and a bonus property in the back with 5 bedroom 2 bath. See videos below.
The triplex is completely gutted and the back unit can be converted to two legal units (permits already approved).
*sold subject to tenants rights.
Check out the videos just to give you an idea of the scope of the work and the layout of the properties:
- First Floor Triplex: https://vimeo.com/231649535
- 2nd Floor Unit Triplex: https://vimeo.com/231649472
- Top Floor Triplex: https://vimeo.com/231649349
Bonus Property in the Back: https://vimeo.com/231649906
Pictures link: https://www.dropbox.com/sh/tcc12jxp9lrvkfg/AADWBa_eFJNKCIyo-cHfB-KEa?dl=0
After Repair Value: 3M range. if your exit strategy is TIC conversion it can be 3.1-3.2M maybe even more. But it really depends on your exit strategy.
Contact [email protected] for more details/showings