1147 Marion is a charming 5-unit apartment building that is ideal for an owner occupant or owner operator. Located in the desirable Cheesman Park neighborhood, the property was purpose-built as apartments so the units are uniform in size, layout and condition, except for the garden level unit which is much larger than average. All five apartments are 1-bed/1-bath units that feature large floor plans, original hardwood floors and turn of the century craftsmanship. The building has been well-maintained and features a newer roof and gutters (2016). Rents are below market due to long term tenancies and can be easily increased. The unit interiors are in above average condition for the neighborhood, but the kitchens and bathrooms could be updated to command even higher rents. There is also value-add opportunity to expand the second level units into the attic by adding a spiral staircase, creating two 2-bedroom units out of two 1-bedroom units. The property also features five off-street parking spaces and one garage space which are currently not being monetized. There is huge upside at 1147 Marion.