Concord, CA 94520,2065 Riley Court
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Concord, CA 94520,2065 Riley Court
Concord, CA 94520,2065 Riley Court
Concord, CA 94520,2065 Riley Court
Concord, CA 94520,2065 Riley Court
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Listed by Gene Au • Realty World Dominion
$ 3,000,000
Est. payment /mo
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Active

2065 Riley Court Concord, CA 94520

6,170 SqFt


UPDATED:

11/24/2024 08:27 PM

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

Originating Board Datashare MLSListings

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

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator


Bay East AOR and Contra Costa AOR

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2065 Riley Court