5
See all 5 photos
$3,149,950
Est. payment /mo
1.5 Acres Lot
Price Dropped by $50K
Address not disclosed Concord, CA 94520
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41089101
HOA Y/N No
Year Built 1980
Lot Size 1.500 Acres
Property Description
10 units available for sale in this 28 unit condominium complex. All units have same square footage and bedroom count, and floor plan. Each unit has its own individual laundry. All appliances convey. Great cash flow and investment opportunity for the right buyer. All 10 units must be sold together. Seller has discounted the price to accommodate buyer for this. Identical unit recently sold for $345,000-. Asking price on a per unit basis is at $315,000-. Rents are below market. A lot of upside potential. Rents averaging $2,100- per month. Seller may carry a 1st Deed of Trust with 50% down payment, upon approval of rate and terms acceptable to seller. Great returns at 5% cap rate, with room for rent increases!
Location
State CA
County Contra Costa
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dryer, Washer
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 10
Building
Lot Description Street Level
Others
Tax ID 1266200094
Listed by Juan Mancheno • Pinnacle Realtors