$3,144,950
For Sale

Address Not Shown

Concord, CA 94520
Listing OfficePinnacle Realtors
Browse 5 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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!

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyContra Costa
      • Lot DescriptionStreetLevel
      • Original List Price$3,200,000
      • MLS #41089101
      • MLS #41089101
      • Cost3144950
      • Year Built1980
      • Acres1.5

Location

Gary ElminoufiReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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