2065 Riley Court, CONCORD, CA 94520 (MLS # ML81986971)
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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.
| LAST UPDATED | 11/18/2024 | YEAR BUILT | 1986 |
|---|---|---|---|
| COUNTY | Contra Costa | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Freezer, Oven |
| CONSTRUCTION | Frame |
| LOT | 0.263 acre(s) |
| LOT DIMENSIONS | 11456.00 |
| SEWER | Public Sewer |
| STYLE | Ranch |
| ZONING | multifamily |
TOTAL MONTHLY PAYMENT
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Based on information from MLSListings MLS as of 11/24/24 1:28 PM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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