Great cash flow investment opportunity close to downtown Concord! Rented way below market value and still a solid 8 cap!! 1 Duplex and 2 single family homes for only 225K. 466, 458 and 450 Spring St NW. All units are currently rented. So many options are available for the right investor. Leave as-is and increase the rent to market value. Current total rent is $2,000 per month - market value is closer to 2,600 to 2,900 per month for all units. Flip the single family homes to payoff duplex and cash flow on the duplex. Rehab all properties and max out rental rates with new tenants. The possibilities are endless!! If you're looking for a solid investment opportunity without having to spend a ton of cash, this is the one for you.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
