2065 Riley Ct, CONCORD, CA

$3,000,000

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6,170

Square feet

0.26

Acres

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
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
Area Concord
City CONCORD
County Contra Costa
State CA
Zip Code 94520

Amenities

Utilities Individual Electric Meters, Individual Gas Meters
Parking Spaces 10
Is Waterfront No

Interior

Heating Wall Furnace
Cooling Room Air Conditioner(s)
Fireplace No

Exterior

Roof Shingle Roof
Construction Wood Frame
Foundation Concrete Perimeter, Pillars/Posts/Piers

Additional Information

Zoning multifamily
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGene Au
OfficeRealty World Dominion
Contact Info510-852-9898

Listing Map

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