1506 Garcez offers a prime investment opportunity with a turnkey, fully occupied 12 unit apartment building located in the heart of Concord. Built in 1960, the two story wood frame structure features stucco siding with wood trim and sits on a 12,990 squarefoot lot. The building spans 9,548 square feet and includes 12 covered and 4 uncovered off street parking spaces. Additional income is generated through on site laundry facilities and a utility reimbursement program, with 8 of the 12 tenants contributing an extra $100 per month to offset water and garbage expenses. The property also features CCTV security cameras and a managers storage shed. Major capital improvements include updated flooring, kitchens, bathrooms, and new appliances. Exterior enhancements feature double pane windows, fresh paint, and a 30 year foam roof installed within the last 3 years. Hydro Jetting Drain System, Water Saving Recirculating Pump for instant hot water, new water heater, wall furnaces and patio doors.