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About the Listing CCBE-SGVF01 - CCBE-206535552
Presenting a rare opportunity to acquire a stabilized, high-performing residential income property in one of Concord’s most sought-after rental corridors. This well-maintained two-story 4-plex consists of four spacious 2-bedroom, 1-bathroom units, offering a functional and consistently in-demand unit mix that appeals to a wide range of long-term tenants. The property is currently occupied by reliable, long-term tenants with a proven history of on-time rent payments and meticulous care of the premises. The building is partially remodeled and it reduces immediate capital expenditure requirements and enhance tenant retention. This property is a true "cash cow" for the discerning investor. The current Cap Rate between 4.5%-5%. The asset provides immediate, reliable cash flow from day one.
Listing Highlights
Status
Active
Days on Site
25
Property Type
Multi-Family
MLS ®
41132420
Year Built
1962
Total Square Footage
0
Lot/Acreage
0.13
County
Contra Costa
Neighborhood
Clayton Valley
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Gas Water Heater
- Air Cond: Wall/Window Unit(s)
- Heating: Natural Gas,Wall Furnace
- Fireplaces:
- Floor: Carpet,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Front Yard,Street Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof:
- Others: Wood Siding,2+ Total Units
- Sewer:
- Parking Features: Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 1331600302
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1486 Marclair Dr Concord, CA 94521
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