Address
2611 Princeton Street Sacramento, CA
Price
$ 1,525,000
Property Attributes
  • MLS#20061503
  • TypeIncome
  • CountySACRAMENTO
  • CitySacramento
  • Zip95815
  • StyleCottage/Bungalow
  • Price$ 1,525,000
  • Bedrooms12
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.79 Acres
Listing Provided Courtesy Of:
Sandeep Gupta CalBRE# - 01984344 with Sandeep Gupta, Broker
Property Description

Not an average complex, All 8 units are good size SINGLE FAMILY HOUSES on 1 lot, 6 of them are 3 bed approximately 900sqft and 2 of them are 2bed/1ba approximately 700sqft. , OCCUPIED NO VACANCY currently and no vacancy in last 15 months ! Selling at 6.3% CURRENT CAP; decent upside and very low expenses. All 8 Units interior were upgraded after last purchase in 2018. some landscaping still in progress. Dry rot fixed. Exterior paint done, Parking lot improved, significant landscaping and all interior of all 8 units remodeled. All 8 tenants were re-tenanted since purchase. Gross rent more than double since seller purchased it in 2018. Very high in demand single family rentals - each unit when it goes vacant gets filled in days.

Elementary School Middle School High School
Sacramento Unified Elementary School Sacramento Unified Middle School Sacramento Unified High School
Price History
10/11/2020 Listed $1,550,000
10/12/2020 2% - $1,525,000

General Features

Air Refrig Wall Units, Varies by Unit
Amenities Varies By Unit
Apn 266-0422-007-0000
Area 10815
Cc&rs No
Census Tract 62.02
Construction Wood
Energy Features Varies by Unit
HOA MLSListings
HOA No
Parking +1 Space Per Unit, Carport
Property Description Not an average complex, All 8 units are good size SINGLE FAMILY HOUSES on 1 lot, 6 of them are 3 bed approximately 900sqft and 2 of them are 2bed/1ba approximately 700sqft.
Property Subtype 5 or More Units
School County Sacramento
Stories 1
Total # Leasable 8
Total Number Indiv Units 8
Year Built 1959
Zoning R-2A

Interior Features

# of 2 Bedroom Units 2
# of 3 Bedroom Units 6
Equipment Varies by Unit
Floor Covering(s) Laminate, Tile
Furnished Y/N None
Heating Furnace Wall, Natural Gas
Kitchen Appliances Oven Gas F/S, Range Gas B/I, Refrigerator B/I, Refrigerator F/S
Unit 1 Apx Sq Ft 900
Unit 2 Apx Sq Ft 900
Unit 3 Apx Sq Ft 900
Unit 4 Apx Sq Ft 900
Unit 4 Full Baths 1

Exterior Features

Unit 1 Bedrooms 3
Unit 1 Full Baths 1
Unit 1 Rent 1575
Unit 2 Bedrooms 3
Unit 2 Full Baths 1
Unit 2 Rent 1575
Unit 3 Bedrooms 3
Unit 3 Full Baths 1
Unit 3 Rent 1520
Unit 4 Bedrooms 3
Unit 4 Rent 1520
Acres 0.7900
Exterior Shingle, Stucco & Stone
No. Covered Spaces 16
Roof Description Comp Shingle
Total # Of Bldgs 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95815

Price
AVG $720K
$1.53M
Visits
AVG 82
50
Year Built
AVG 1959
1959
Walkscore
AVG 55
35
Data Provided by Walkscore ® not using MLS data

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