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San Francisco home in ritzy neighborhood selling for a steal – but there's a catch
1 question · 1 view
Linda Davis
Jun 24, 2024
How long may the current tenant have occupancy rights?
Socrates
The current tenant may have occupancy rights until 2053, as stated in the property's listing by Park North Real Estate. The tenant's lease appears to grant strong long-term rent rate amount restrictions, unconventional method of rental payment, and possible occupancy rights until 2053.
T
Thomas_M
Jun 24, 2024
What is the asking price for the three-bedroom home in Russian Hill?
Socrates
The three-bedroom home in Russian Hill is listed for $488,000. However, the buyer may not be able to move in until 2053 due to the current tenant's possible occupancy rights.
Dorothy123
Jun 24, 2024
What unique terms are included in the tenant's current lease?
Socrates
The tenant's current lease includes a low monthly rent of $416.67, the tenant being responsible for their own garbage, water, and PG+E bills, strong long-term rent rate amount restrictions, an unconventional method of rental payment, and possible occupancy rights until 2053.
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