Courtesy of Conner Applegate, Conner Applegate, Broker 925-726-7120
** Price Reduction & owner allowing sellers financing** Very will maintained 4 unit complex with huge upside potential. All 4 rents are below market and 3 of the 4 are extremely lower than going average rate for the area, large upside potential. Unit sizes are larger than other similar structures in the area. Also each unit comes with a designated detached covered parking garage which with a NEW STATE OVERLAY could be made into 4 ADU units and a large open backyard that could also fit an ADU. The building is fully occupied at the moment and is always easy to rent. New roof on property and garage just recently installed. Proforma Cap Rate in disclosure packet. Owner also has laundry hookups which can be made into coin/card op shared laundry onsite. Reach out to listing agent for more info.
** Price Reduction & owner allowing sellers financing** Very will maintained 4 unit complex with huge upside potential. All 4 rents are below market and 3 of the 4 are extremely lower than going average rate for the area, large upside potential. Unit sizes are larger than other similar structures in the area. Also each unit comes with a designated detached covered parking garage which with a NEW STATE OVERLAY could be made into 4 ADU units and a large open backyard that could also fit an ADU. The building is fully occupied at the moment and is always easy to rent. New roof on property and garage just recently installed. Proforma Cap Rate in disclosure packet. Owner also has laundry hookups which can be made into coin/card op shared laundry onsite. Reach out to listing agent for more info.
Multifamily
Quadruplex
1965
--
--
0.15
Active
94
3,212 Sq. Ft.
6,400 Sq. Ft.
Location
Conner Applegate, Broker
Contra Costa
41083874
Average List Price
$601,091
16%
Average Sale Price
$640,324
12%
Days on Market
59
17%
Homes Sold
54
21%
Median List Price
$599,000
13%
Median Sale Price
$562,500
20%
Sale/Price Ratio
107%
4%
Homes for Sale
60
30%
Nearby homes for sale
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Sunita Gurung Easterday, CALDRE 01975888, Realoq Inc., CALDRE 02221797, 877-798-2005, 2001 Clayton Road Suite 200, Concord, CA 94520