$ 3,000,000
2065 Riley Court Concord, CA 94520
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$ 3,000,000
Est. payment | /mo
6,170 SqFt
$ 3,000,000
Est. payment | /mo
6,170 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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Listed by Gene Au • Realty World Dominion
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "