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.
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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
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bay East Association of REALTORS MLS®#: 41132420 Last checked: …
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