1488-1498 Fulton Street
1488-1498 Fulton Street
$2,950,000
—
8,700
8,700
$339
Closed 5/14/24
Description
1488 Fulton Street is a turn-key corner asset in one of the city's best rental locations. In the heart of NOPA, only two blocks from Divisadero, this investment has much to offer. Each unit has a private entrance off the street, providing a house-like feel. Four of the apartments are spacious 3bd units that maintain much of their original charm and character. There is a large and nicely finished 1bd unit at the ground level. The sixth unit is a corner retail space that is occupied by a fitness studio...1488 Fulton Street is a turn-key corner asset in one of the city's best rental locations. In the heart of NOPA, only two blocks from Divisadero, this investment has much to offer. Each unit has a private entrance off the street, providing a house-like feel. Four of the apartments are spacious 3bd units that maintain much of their original charm and character. There is a large and nicely finished 1bd unit at the ground level. The sixth unit is a corner retail space that is occupied by a fitness studio with a lease that runs through August 2026 with one 5yr extension option. The upper flats have been nicely upgraded and maintained. They boast high-ceilings, decorative fireplaces, and great natural light. Several of them have in-unit laundry. Each unit is separately metered for water, electricity, and gas, thus keeping operating expenses very low and insulating the landlord from increases in utility costs. The soft-story seismic retrofit was completed in 2020. This is a rare opportunity to purchase a turn-key asset in the best NOPA location. Priced to sell at 5.7% cap rate!
Listing Agent
Property Details for 1488-1498 Fulton Street
Cross Street
Baker Street
Total Parking Spaces0
Location
LISTING UPDATED: 05/14/2024 04:36 PM
Property Details for 1488-1498 Fulton Street
Status | Closed |
---|---|
MLS # | 424010645 |
Days on Compass | 80 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1910 |
Lot Size | 0.07 AC / 3,123 SF |
County | San Francisco County |
Location
Building Information for 1488-1498 Fulton Street
Stories-Residences6Year Built1910Building Size-Lot Size0.07 AC / 3,123 SF
Payment Calculator
$16,099 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1488-1498 Fulton Street
Property History for 1488-1498 Fulton Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1488-1498 Fulton Street
This home is within San Francisco Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
New Traditions Elementary School PublicK to 5 | ||
Roosevelt Middle School Public6 to 8 | ||
Wallenberg (Raoul) Traditional High School Public9 to 12 | ||
Gateway Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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