Active
2065 Riley Court
Concord CA, 94520
$3,000,000
$486.22 per sqft
Active
6,170 sqft
Other
Built in 1986
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.
ML81986971
MLSⓇ ID
November 18, 2024
Listed
December 13, 2024
Updated
Map
2065 Riley Court
Concord CA, 94520
Interior Features
Appliances
Refrigerator
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.26 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Concord
Garage
No
Parking
Parking Lot
View
No
County
Contra Costa
Pool
No
Zoning
mult
Listed by Gene Au with Realty World Dominion
Listing Contact: 510-852-9898
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