MLS Search

Sold Date4/30/2021
Closed

1469 Marclair DrConcord, California CA94521-2808

Listing ID40940074

0.130 Acres

$1,400,000

This property presents a great opportunity for a new or seasoned investor to have immediate cash flow with significant upside. The property boasts a rare unit mix of four 2bd/1bth units of almost 800 sqft. Each unit has tremendous rental upside which will allow the new owner to take advantage of Concord's fast growing rental market. Nearby renovated apartments in this area rent for as much as $2,300. The property has been well managed, which has increased the tenant profile, and made significant upgrades throughout the property. The property has a history to little or no vacancies and currently (3) units are occupied and (1) unit is being rented with Airbnb achieving rents as high as $$3,300 a month. The property is separate for PG&E and there is a room to add onsite laundry which adds additional income each month. There is extra tenant storage and ample, covered parking for each tenant.
Data services provided by IDX Broker
Category:
Tags:
{"page":"listing","idxID":"d025","listingID":"40940074","extra":"1469-Marclair-Dr","type":"detailsContact"}
https://www.brettlawyer.com
details.php
https://search.brettlawyer.com
details