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… Read More 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. Read Less
Courtesy of Cornish & Carey Commercial, Kelly Rivett 916-569-2385
Listing Snapshot
Days Online
66
Last Updated
Property Type
Duplex
Square Ft.
2,118
Lot Size
0.14 Acres
Year Built
1977
MLS Number
ML82041299
30 Days Snapshot Of 95608
$391k
0%
(avg) sold price
0
-100%
homes sold
117
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6098.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 1,134 square feet, Unit 1 rent: $1,970
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 984 square feet, Unit 2 rent: $1,820
Accessibility Features
None
Amenities
Vaulted Ceiling
Building
Built in 1977, 2 building units, 1 building, 2,118 structure square feet
Roof
Composition
Utilities
Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Central Forced Air
Cooling
Central AC
Floors
Carpet, Vinyl / Linoleum
Foundation
Concrete Slab
Kitchen
Cooktop - Electric, Countertop - Formica, Dishwasher, Oven - Electric
Laundry
Hookups Only
Water Features
Public
Garage
2 garage spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
Utilities - Electric
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