2065 Riley CT, Concord, CA 94520

sale $2,508,888 | Other

Courtesy Of Realty World Dominion

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.

Property Features

Age: 31-40 Years Old
Amenities: Security System
Appliance: Freezer
Appliance: Oven - Gas
Architecture Style: Ranch
Cooling System: Wall Unit(s)
Heating System: Wall Furnace
MLSID: ML81986971
Parking Spaces: 10
Roof Type: Shingle
Rooms: Bedroom 5
Rooms: Bedroom 4
Rooms: Kitchen
Rooms: Bedroom 3
Rooms: Bedroom 2
Rooms: Bedroom 1