2065 Riley Court, Concord, CA

$3,000,000

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6,170

Square feet

0.26

Acres

About 2065 Riley Court

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.

Features of 2065 Riley Court

MLS® # ML81986971
Price $3,000,000
Bathrooms 0.00
Square Footage 6,170
Acres 0.26
Year Built 1986
Type COMM RI MULTI-UNITS 5+
Sub-Type Other
Status Active

Community Information

Address 2065 Riley Court
Area Listing
City Concord
County Contra Costa
State CA
Zip Code 94520

Amenities

Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating Wall Furnace
Fireplace No

Additional Information

Date Listed November 18th, 2024
Zoning mult
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGene Au
OfficeRealty World Dominion

Listing Map

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