261 Cumberland Street
Set in an idyllic location a stone's throw from Dolores Park, 261-263 Cumberland is a great opportunity in a coveted neighborhood to earn solid income. With three of the four units rented, 261-263 Cumberland comprises four 1-bedroom Romeo-style units with coved ceilings, decorative fireplaces, wood floors and a vintage feel over a large basement space that runs the length of the building. Views of the cityscape can be found on the top unit back decks and front rooms. The lovely rear garden, accessible from all 4 units via back stairs, is a gardener's delight. Annual expenses are low, <$8,000 excl taxes in 2019, and gross estimated rents total $103,200. The draw of Cumberland's fabulous location, within walking distance to the Castro and to Valencia St, cannot be overstated. Must see!