Under contract

1486 Marclair Dr, Concord, CA 94521

Beds
8
Sqft
3,168

View property features, location on map, relevant school information and overview from seller's agent.

Listed byGoodview Financial & R.E.
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
8
Square feet
3,168
Lot size (acres)
0.13
Year built
1962

Utilities

Heating
Wall Furnace, Natural Gas
Cooling
Wall/window unit(s)
Sewer
Public Sewer

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: 41132420 Last checked:

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