Sale Pending (MLS-listed)Listed at: $98,000
Beds: 3 Baths: 2 Sq. Ft.: 1,360 $/Sq. Ft.: $72 Lot Size: - Property Type: Condominium View: Water Year Built: 1981 Community: Hunters Point County: San Francisco MLS#: 361540 Source: San Francisco MLS Status: Contingent This means the sellers have accepted on an offer on the property, but success may still depend on passing a home inspection or the buyer’s financing approval. It may still be possible to tour these properties and submit a backup offer in case the current one falls through. On Redfin: 95 days In 2004 this unit had a newer kitchen and carpet and was freshly painted. You can still see the renovations in the kitchen including the tile floors and granite counters. Laundry in unit. However, the unit has suffered wear and tear. Rent is $2,273/month. An investor WILL cash flow. A homebuyer will need to put in the work, but this property can shine. Short sale. Showings limited to 2:00-4:30 p. m. Tues-Fri and by appointment. Recent sales: 120 & 126 Kirkwood, same complex, but sold vacant.
Thanks to Burbed reader Pralay for this find.
At $72 per square foot, this would’ve been the perfect stocking stuffer for someone. Unfortunately, it’s already pending. You snooze, you lose.
It also goes to show how the affordable housing crisis is pretty much over. Sure it’s in Hunters Point, but that just means there’s more growth potential.
So let’s look at some of the work that might be needed:
Oh that’s no big deal. Some Tilex will clean that right up.
Just think of the amazing cash flow from this. $2273 a month in rent. This, my friends, was the gift that will definitely keep on giving.