655 Hyde Street, San Francisco, CA 94109

$3,350,000
6
BD
7,932
SqFt

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List Price
$3,350,000
MLS#
426140538
Property Type
Multifamily
Bedrooms
6
Sqft. of Residence
7,932
Lot Size
2,217
Region
SF District 8
Status
ACTIVE
County
San Francisco
Acres
0.05
Year Built
1913

Property Description

Urban Capital is pleased to present 655 Hyde Street, a 14-unit multifamily asset located in Nob Hill. This well-maintained building features an elegant arched entry, ornate cornice work, and other period detailing. The property is 100% occupied and delivers a 5.1% cap and 10.69 GRM on in-place income, with an efficient all-studio and one-bedroom mix, RUBS in place, and on-site laundry.Primely located to benefit from the downtown employers driving San Francisco's hiring recovery, the building's 98 Walk Score puts residents steps from Whole Foods, Trader Joe's, and the neighborhood's best dining and retail. Priced at $239K/unit and $422/SF with over 35% rent roll upside, 655 Hyde offers a low-basis entry into a recovering market with significant turnover-driven rent growth and low repositioning risk.

Additional Information

Living Area
7,932
Lot Size
2,217
Neighborhood
Downtown
Region
SF District 8
Subdivision
Downtown
Units
14

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Listing courtesy of Urban Capital SF.