$ 640,000
-
$640,000
Price -
0
Bed -
0
Bath -
2,118
SqFt
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About the Listing ML33684 - ML5070313
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5904/5906 Bourbon Way, Carmichael, Ca. Built in 1977, this duplex offers a premier turn-key investment priced at $640,000. The property features a 1,134 sq. ft. 2-bed/2-bath unit, and a 984 sq. ft. 2-bed/1-bath unit. Both of the units are occupied by reliable, long-term tenants on month-to-month leases. This occupancy provides immediate cash flow with the rare flexibility to transition to market-rate rents or owner-occupancy. For investors seeking to scale, the adjacent duplex at 5908/5910 Bourbon Way is also for sale at $640,000, offering a unique opportunity to acquire four contiguous units in a stabilized suburban submarket. The asset has been meticulously maintained through a comprehensive capital improvement program that significantly minimizes near-term maintenance risks. Major upgrades completed in 2019 include a new roof, new HVAC systems, and a full exterior repaint. Additionally, the kitchens and bathrooms were modernized between 2016 and 2019, ensuring the interiors remain highly competitive. At approximately $302 per square foot, this property represents an exceptional balance of mechanical reliability and aesthetic appeal in a high-demand location.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
ML82041299
Year Built
1977
Total Square Footage
2,118
Lot/Acreage
0.14
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Dishwasher, Electric Cooktop, Electric Oven
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 0
- Zoning: RD-10
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $1,584
- Taxes w/Assessments: N/A
- Tax/Property ID: 23602520260000
- Tax Year: N/A
Payment Calculator
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Questions About..
5904 Bourbon Dr Carmichael, CA 95608
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