7-11 Phillips St

Excellent ROI on this impeccably maintained, fully renovated turnkey 3-unit building, See agent for 2025 pro forma, which shows a $40,770 NOI. Each apartment offers expansive rooms, ample closet space, mahogany doors, ceiling fans, & air conditioning, w/ high-efficiency gas heating system. Each unit also has its own separate gas & electric utilities; a separate owner's panel is in place.. All 3 apartments have in-unit washers, dryers, & dishwashers. Residents enjoy off-street parking in the newly paved parking areas (2024) & storage in the garage. Safety & peace of mind are paramount, with a 2-year-old roof, fire-safe doors, & fully sprinklered units equipped with monitored alarm systems. Low-maintenance fiber/cement siding. There has never been a vacancy during current owner's tenure. Building is one of 2 condos in the Heartways Assoc.; the other is a SF home. Only common expense is insurance -- $2640 in 2024, $3000 in 2025.