Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Kelly Rivett, DRE #01249433 • Cornish & Carey Commercial

$620,000

Est. payment - /mo

4 Beds

3 Baths

2,118 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,118 sqft

Price per Sqft $292

MLS Listing ID ML82041299

Bedrooms 4

Full Baths 3

Year Built 1977

Lot Size 6,098 Sqft

Property Sub-Type Duplex

Source MLSListings, Inc.

Property Description

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 $620,000. 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 $625,000, 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 $292 per square foot, this property represents an exceptional balance of mechanical reliability and aesthetic appeal in a high-demand location.

Location

State CA

County Sacramento

Area Carmichael

Zoning RD-10

Rooms

Kitchen Cooktop - Electric, Countertop - Formica, Dishwasher, Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Carpet, Vinyl / Linoleum

Laundry Hookups Only

Exterior

Parking Features Attached Garage, Off-Street Parking

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 236-0252-026-0000

Special Listing Condition Not Applicable

Read Less Info

Nearby School & Business

Get More Information

JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

Quick Search

5904 Bourbon DR Carmichael, CA 95608

JLee Broker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information