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3521 Town Court #3, 
Auburn, CA 95602

$215,000

2

Beds

1

Bath

922

Sq Ft

Condo

Active

Listed by

Tammy Garza

eXp Realty Of California Inc

Last updated:

September 9, 2026, 03:47 PM

MLS#

226094244

Source:

MFMLS

About This Home

3521 Town Court #3

$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.

Home Facts

Condo

1 Bath

2 Bedrooms

Built in 1971

Price Summary

215,000

$233 per Sq. Ft.

MLS #:

226094244

Last Updated:

September 9, 2026, 03:47 PM

Added:

7 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

922 Sq. Ft.

Structure

Structure

Year Built:

1971

Finances & Disclosures

Finances

Price:

$215,000

Price per Sq. Ft:

$233 per Sq. Ft.

MLS Logo
MetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and 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 Updated: September 9, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.