2065 Riley Court, Concord, CA 94520
- 6,170 sqft
other
Built in 1986
0.26acre lot
—— car garage
$452/sqft
Listed 8 months ago
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.
- Listing Status:
- Active
- Date Added:
- November 19, 2024 at 06:00AM
- Listing Office:
- Realty World Dominion : 408-980-5202
- Listing Agent:
- Gene Au : 510-852-9898
- MLS ID:
- ML81986971
- Appliances: Refrigerator
- Heating: Wall Furnace
This listing courtesy of Gene Au, Realty World Dominion
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Meadow Homes Elementary School
1371 Detroit Ave, Concord, CA, 94520
Grades KG-5
0.31 miles away
Diablo Community Day
1026 Mohr Ln, Concord, CA, 94518
Grades 7-12
1.19 miles away
Diablo Community Day
1026 Mohr Ln, Concord, CA, 94518
Grades 7-12
1.19 miles away