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
Price:
$3,144,950
MLS #:
41089101
Status:
Active
Baths:
0
Type:
Residential Income
City:
Concord
Listed Date:
Mar 21, 2025
State:
CA
ZIP:
94520
Lot Size:
65,340 sqft / 1.50 acres (approx)
Year Built:
1980
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Forced Air
Exterior
Lot Features
Level with Street
Parking Spots
10.00
Roof
Tar/ Gravel
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address2520 Walters Way Concord CA
- CityConcord
- CountyContra Costa
- Zip Code94520
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2520 Walters Way
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