506 Divisadero Street, San Francisco

San Francisco Home For Sale

This three unit Alamo Square Edwardian provides the opportunity to acquire a large investment property in a prime location with both rental upside and development potential. Each floor of the building consists of nearly 2000 sf of living space. 506 Divisadero Street is a large flat that provides an owner-user the opportunity take the existing vintage charm and renovate the kitchen and bathroom. The basement allows for the owner's to either double the square footage to unit 506 , or build brand new ADUs. The middle flat (508) has the stability of the current on-site manager and 5 individual rooms leased. The current income of $2710 provides rental upside given market rent of $5500. The top floor unit (510) will be delivered with three rooms vacant and the potential to capture another floor of occupancy by developing the pitched room attic space.