2065 Riley Court new

Concord,CA 94520

$ 3000000

- Bed

0 Bath

6170 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,170 sqft

Price per Sqft $486

MLS Listing ID ML81986971

HOA Y/N No

Year Built 1986

Lot Size 0.263 Acres

Acres 0.26

Property Description

Unlock the potential of a prime 10-unit apartment complex that offers a remarkable cash flow opportunity! This well-maintained property features four spacious two-bedroom units and six cozy one-bedroom units, boasting a strong occupancy history and attracting easy-to-find rentersa true investor's dream. With guaranteed income potential from the property, it has been fully rented most of the time, ensuring excellent cash flow. The complex is exceptionally well-kept, having recently completed a balcony inspection, making it a maintenance-free investment. Tenants enjoy convenient amenities, including individual carport spots and additional parking spaces. Each unit is equipped with its own gas, water, and electrical meters, allowing for straightforward tenant billing and lowering utility costs. Security and comfort are prioritized, with the complex located behind a secure gate in a safe, community-oriented environment. There are also future expansion opportunities, such as the potential to add a coin-operated washer and dryer laundry room. Conveniently located, it offers an easy commute and is just minutes away from shopping centers. Contact us today to schedule a showing and explore everything this outstanding property has to offer!

Location

State CA

County Contra Costa

Area Listing

Zoning mult

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Building

Sewer Public Sewer

New Construction No

Others

Tax ID 1282000619

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