2065 Riley CT Active Save Request In-Person Tour Request Virtual Tour
Concord,CA 94520
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,170 sqft
Price per Sqft $486
MLS Listing ID ML81986971
Style Ranch
Bedrooms 7
Full Baths 4
Originating Board MLSListings, Inc.
Year Built 1986
Lot Size 0.263 Acres
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.
Location
State CA
County Contra Costa
Area Concord
Zoning multifamily
Rooms
Kitchen Countertop - Stone,Countertop - Synthetic,Dishwasher,Freezer,Garbage Disposal,Oven - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Hookups Only
Exterior
Parking Features Carport ,Parking Area
Garage Spaces 10.0
Utilities Available Individual Electric Meters,Individual Gas Meters
Roof Type Shingle
Building
Foundation Concrete Perimeter,Pillars / Posts / Piers
Sewer Sewer - Public
Water Individual Water Meter
Architectural Style Ranch
Others
Tax ID 128-200-061-9
Special Listing Condition Not Applicable