$950,000
$949,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
2506 Bonifacio St Concord, CA 94520
6 Beds
3 Baths
2,228 SqFt
Key Details
Sold Price $950,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,228 sqft
Price per Sqft $426
Subdivision Concord
MLS Listing ID 41037242
Sold Date 10/10/23
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1927
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Prime Investment Opportunity! 2506 Bonifacio St is a sprawling 6 bed, 3 bath property with 3 buildings totaling 2,228 sf in the heart of Concord. The property consists of a 5 bed/2 bath 1408 sf fully leased main house, a 1 bed/1 bath 620 sf vacant ADU and a 200 sf vacant workshop. The main house is leased out per room and generates $4,320/mo in gross rents with average expense recapture of $988/mo. Realistic market rents for just the main house and ADU total $6,425/mo. Centrally located just blocks from John Muir Health, Todos Santos Plaza, Safeway, Concord Bart, and downtown Concord, this property continues to enjoy strong rental demand. Investors and house hackers alike will find plenty to like about this rare investment opportunity.
Location
State CA
County Contra Costa
Interior
Interior Features Workshop
Heating Forced Air, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Exterior
Garage Off Street
Pool None
Roof Type Shingle
Parking Type Off Street
Attached Garage No
Private Pool No
Building
Lot Description Street Level
Story Two
Entry Level Two
Sewer Public Sewer
Level or Stories Two
Others
Tax ID 1121530115
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Bought with Indra Subedi • Realty ONE Group Future