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    2611 Princeton Street

    Sacramento, CA 95815
    • $1,595,000
    • STATUS: Active
    • ON SITE: 54 days
    • MLS #: 20061503
    UPDATED: 8 min ago
    $1,595,000
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    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 16 months now ! Selling at 6.0% 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.

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    © 2020 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2020-12-05T17:38:10.353. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.themacdonaldgroup.com/homes/110908483
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    2611 Princeton Street Sacramento, CA 95815

    • Price: $1,595,000
    • Status: Active
    • Updated: 8 min ago
    • MLS #: 20061503
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    1959
    Built
    Neighborhood:
    Sacto Arden-Arcade Creek/Vicinit
    County:
    Sacramento
    Area:
    Sacto Arden-Arcade Creek/Vicinit
    Elementary School:
    Sacramento Unified
    Middle School:
    Sacramento Unified
    High School:
    Sacramento Unified
    School District:
    Sacramento
    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 16 months now ! Selling at 6.0% 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.
    Exterior Features

    Approx Elevation 0 Construction Wood Covered Parking Spaces 16 Exterior ShingleStucco & Stone Parking +1 Space Per UnitCarport Roof Comp Shingle Stories 1 Style Cottage/Bungalow Uncovered Parking Spaces 0

    Interior Features

    Air Refrig Wall UnitsVaries By Unit Equipment Varies By Unit Floor Coverings LaminateTile Furnished None Heat Furnace WallNatural Gas Kitchen Appliances Oven Gas F/SRange Gas B/IRefrigerator B/IRefrigerator F/S Unit1 Bedrooms 3 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Sq Ft 900 Unit2 Bedrooms 3 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 900 Unit3 Bedrooms 3 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 900 Unit4 Bedrooms 3 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 900

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 2 3 Bedroom Units 6 Amenities Varies By Unit CCRs No Cross Street Address Frienza Energy Features Varies By Unit HOA No Hoa Dues 0 Individual Units 8 Multifamily Type 5 Or More Units Special Listing Condition None Studio Units 0 Tenant Pays CableElectricGas/Propane Total Leasable 8 Unit1 Rent 1575 Unit2 Rent 1575 Unit3 Rent 1520 Unit4 Rent 1520 Year Remodeled 0 Zoning R-2A

    Listing provided courtesy of Sandeep Gupta, Broker. Listing information © 2020 MetroList Services, Inc.


    © 2020 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2020-12-05T17:38:10.353. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    The MacDonald Group at PMZ Real Estate
    1200 E. Orangeburg Ave Suite #202
    Modesto CA, 95350