About 2065 Riley Ct
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 Ct
MLS® # | ML81986971 |
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Price | $3,000,000 |
Square Footage | 6,170 |
Acres | 0.26 |
Year Built | 1986 |
Type | Multi-Residential |
Sub-Type | Five or More Units |
Status | Active |
Community Information
Address | 2065 Riley Ct |
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Area | Concord |
City | CONCORD |
County | Contra Costa |
State | CA |
Zip Code | 94520 |
Amenities
Utilities | Individual Electric Meters, Individual Gas Meters |
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Parking Spaces | 10 |
Is Waterfront | No |
Interior
Heating | Wall Furnace |
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Cooling | Room Air Conditioner(s) |
Fireplace | No |
Exterior
Roof | Shingle Roof |
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Construction | Wood Frame |
Foundation | Concrete Perimeter, Pillars/Posts/Piers |
Additional Information
Zoning | multifamily |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Gene Au |
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Office | Realty World Dominion |
Contact Info | 510-852-9898 |