1440 Union Street presents a rare opportunity to acquire a 21-unit apartment building in the heart of Russian Hill, situated just a half block from the shops and restaurants along Polk Street. The property offers a well-balanced unit mix of 11 one-bedrooms, 4 two-bedrooms, and 6 studios, with select residences enjoying Golden Gate Bridge and Bay views. Tenants share access to a common roof deck, and the building has recently benefited from exterior paint and deck repairs. Parking is plentiful, with 21 garage spaces serving the property, five of which are currently vacant. Three units will also be delivered vacant at close of escrow, giving a new owner the immediate ability to capitalize on a very strong rental market. Combining scale, location, and significant upside, 1440 Union Street represents a rare opportunity in one of San Francisco's most sought-after rental locations.
Listing courtesy of Compass Commercial. Selling Office: Compass Commercial.
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