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$215,000

For Sale

6 days ago

3 - 3521 Town Ct, Auburn, CA

Condo

MLS® 226094244

2 Bed

1 Bath

922 sqft

0

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size 922 sqft
Garage Yes
HOA Fees $297
Taxes 
Days Active 5
Approx. Age 1971
Avg. Price Per Sqft $233
MLS® Number 226094244

Property Address: 3-3521 Town Ct, Auburn, CA, 95602-2436

Average square foot calculated using Size range provided by listing agent.

Description

$215, 000 CURRENT RENT $1, 850/MO. 10.3% GROSS RENTAL YIELD APPROVED FOR FINANCING FOR ELIGIBLE BUYERS. Established rental income in Auburn! Priced at $215, 000 with a tenant paying $1, 850/month and a seven-year established tenant history, this condo generates approximately $22, 200 in annual rental income and offers a 10.3% gross rental yield based on the asking price. An appealing opportunity for investors, first-time buyers, or anyone seeking affordable Auburn living with rental income. IMPORTANT COMMUNITY DISTINCTION: Auburn Greens consists of two separately operated HOAs. This property is located in Auburn Greens HOA #1, with current dues of approximately $297/month. Most Auburn Greens properties currently offered for sale are in separate HOA #2. The associations may differ in dues, financials, assessment history, and governing documents. Buyers are encouraged to compare HOA information specific to each property. INVESTMENT SNAPSHOT: Current rent $1, 850/month Gross annual rent $22, 200 HOA dues $297/month Current property taxes approx. $1, 032/year Estimated taxes at purchase approx. $2, 500/year* Insurance approx. $1, 200/year Estimated cap rate approx. 7%, based on estimated taxes at purchase and before vacancy, maintenance, and repairs. HOA is responsible for walls out maintenance. PROPERTY HIGHLIGHTS: Updated in 2017 with new windows, modern flooring, fresh paint, updated cabinetry and countertops, new interior doors and appliances, plus refreshed electrical and plumbing fixtures. Enjoy two assigned parking spaces-one covered/enclosed with a garage door and one uncovered-plus three private storage closets. PRIME LOCATION: Minutes from Target, Home Depot, restaurants, the hospital, and public transit, and approximately 10 minutes from historic Downtown Auburn. Nearby Auburn Regional Park offers disc golf, pickleball, ball fields, basketball courts, BBQ areas, and playgrounds. Auburn Greens offers accessible housing, consistent rental demand, and an appealing low-maintenance option for investors and owner-occupants alike. Ready to explore the opportunity? Schedule your viewing today and see how this established Auburn property may fit your goals! *Property taxes are subject to reassessment upon change of ownership. Rental and financial information provided by seller. Buyer to independently verify rental income, lease, expenses, HOA information, taxes, insurance, financing eligibility, projections, and all other property information.
MLS® Number226094244
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1971
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Natural Gas
A/CCeiling Fan(s), Central

Extras

Rooms

Living Room:Not available
Kitchen:Not available
Dining Room:Not available
Other:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 3, 2026List Date
$215,000List Price
  • Commute

Commute

Starting Address
Destination Address
3521 Town Ct, Auburn, CA

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