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$2,995,950
Est. payment /mo
7,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $384
MLS Listing ID 41089101
HOA Y/N No
Year Built 1980
Acres 1.5
Property Sub-Type 5 or More Units
Property Description
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 $299,950-. 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 5.5% cap rate, with room for rent increases!
Location
State CA
County Contra Costa
Rooms
Basement None
Interior
Interior Features Updated Baths, Updated Kitchen
Heating Forced Air
Cooling Wall/Window Unit(s)
Flooring Tile, Engineered Wood
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer
Laundry Dryer, In Unit, Washer
Exterior
Total Parking Spaces 10
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 1266200094
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Listed by Juan Mancheno • Pinnacle Realtors