$100k-$250k

10223 Princess Sarit…Single Level Santee Condo…SOLD

Offered at $135,000! FHA Financing is available. Seller will credit up to $5,000 for buyer closing costs! You will love this Santee single level home that offers a small fenced yard, a one car garage and full sized washer and dryer! It is freshly painted and has a completely remodeled bathroom. New carpeting has been installed throughout. Laminate flooring is found in the entry, hallway, kitchen and dining room. The living room has a new wall air conditioner. The master bedroom has a separate wall air conditioner. The private fenced yard has room for a patio table and chairs and some room to garden…if you like!

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Property Details

Listing Price: $139,900
Address: 10223 Princess Sarit Way
City: Santee
State: CA
ZIP: 92071

MLS #: 110053265
Square Feet: 832
Bedrooms: 2
Bathrooms: 1
Lot Size: 312

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Buying Rental Property in Santee Real Estate Market

Have you ever considered buying a Santee rental property? If you have you could not find a better time than now. I am working with a client who is buying a condo in a Santee complex for $115,000. When you use a 25% down payment on the condo it will generate a positive cash flow of approximately $303 per month. The monthly payments are $897 per month. This includes the HOA fees which run $274 per month. This home rents easily for $1,200 per month and the homeowner’s association takes care of the common area maintenance and the outside building maintenance. The homes in the Mission Greens Complex sold for as much as $290,000 at the top of the market in 2005. So what do you get for $115,000? Well it buys you a nice two bedroom one bath home with 902 square feet of living space and a shared two car garage. It is a two story unit so there is no one above you! It is conveniently located near the Trolley Square at The Santee Town Center which includes the Olive Garden Restaurant, Chili’s Restaurant, Mimi’s Cafe, retail stores and of course the Santee Trolley. If you think now is the time for you to buy a Santee rental home as an investment, give me a call at 619-258-1111 and let’s get started building equity today. The Santee Real Estate Market has some of the best values in San Diego County.