Renovated Duplex with On-Site
2653 Princeton Street Sacramento, CA 95815
2653 Princeton Street, Sacramento, CA, 95815
$749,900
For Sale
$749,900
Duplex with a fully renovated unit and a separate on-site shop, offering live-in and rental flexibility.
Property Size3,152 SF
Price / SF$237.91
Days on Market192
Property Features for 2653 Princeton Street
General Information
- Standard status
- Active
- Size
- 3,152 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1960
Listing agency
Better Homes Realty
(530) 870-1063
Listed by
Antonio Rubio · License #01472558
(530) 870-1063
Source
Exitrealty
Added: Jan 11 Updated: Jul 20 at 8:42PM Checked: Jul 22 at 7:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes Realty
Investment Insights
Based on property information with market context.
This stylish duplex at 2653 Princeton Street features two residential units and an on-site shop. Unit 1 offers 3 bedrooms and 2 bathrooms, providing a comfortable layout for everyday living. Unit 2 was fully renovated about three years ago, with updates including refreshed flooring and paint, updated cabinetry, and a remodeled bathroom.
The property’s living spaces are described as open-concept and move-in ready. According to the remarks, the location is about 7 minutes from Costco, Cal Expo, and Arden Fair, and approximately 12 minutes to downtown Sacramento.
Ideal for a buyer seeking a dual-purpose setup, the duplex is configured to support one unit as the owner’s residence while the second unit generates rental income.
The property’s living spaces are described as open-concept and move-in ready. According to the remarks, the location is about 7 minutes from Costco, Cal Expo, and Arden Fair, and approximately 12 minutes to downtown Sacramento.
Ideal for a buyer seeking a dual-purpose setup, the duplex is configured to support one unit as the owner’s residence while the second unit generates rental income.
Key Highlights
- Duplex at 2653 Princeton St, Sacramento, built in 1960 with a live‑in and rental setup
- Unit 1 offers 3 bedrooms and 2 bathrooms
- Unit 2 was fully renovated about 3 years ago with updated flooring, fresh paint, updated cabinetry, and a remodeled bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.3k | $25.80 |
| − Vacancy | −$4.5k | −$1.42 |
| EGI | $76.8k | $24.38 |
| − OpEx | −$23.1k | −$7.31 |
| NOI | $53.8k | $17.07 |
3,152 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$768.5K
$672.4K – $896.6K
NOI $53,794 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$707.3K
$618.9K – $825.2K
NOI $49,512 @ 7.0% cap · market cap 6.60%
Theoretical Best
Specialty Retail
$847.0K
$741.1K – $988.2K
NOI $59,289 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with a fully renovated unit and a separate on-site shop, offering live-in and rental flexibility.
Where is this duplex located?
The property is located at 2653 Princeton Street Sacramento, CA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Duplex at 2653 Princeton St, Sacramento, built in 1960 with a live‑in and rental setup; Unit 1 offers 3 bedrooms and 2 bathrooms; Unit 2 was fully renovated about 3 years ago with updated flooring, fresh paint, updated cabinetry, and a remodeled bathroom
