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 and just reduced to $605,000. The property features a 1,134 sq. ft. 2-bed/2-bath unit, and a 984 sq. ft. 2-bed/1-bath unit. 5904 is currently vacant, with 5906 vacant later this month. This situation is ideal and allows either an owner-occupy situation or lease out at market rents. . For investors seeking to scale, the adjacent duplex at 5908/5910 Bourbon Way is also for sale and priced at $610,000, 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 $253 per square foot, this property represents an exceptional balance of mechanical reliability and aesthetic appeal in a high-demand location.
| MLS # | ML82041299 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1977 |
| Days On Site | 151 |
| Listing Provided By | Cornish & Carey Commercial | Kelly Rivett |
| SQ Feet | 2,118 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | RD-10 |
| Acreage | 0.14 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Electric Cooktop, Electric Oven |
| Roof | Composition |
|---|---|
| Foundation Details | Slab |
| Parking Features | Off Street |
|---|---|
| Garage Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Property | 1584 |
|---|
| State | CA |
|---|---|
| County | Sacramento |
| City | Carmichael |
| Zip Code | 95608 |
| Area | 699 Not Defined |
| Listing VS Median (in 95608) | |
Price: $605,000 low | high Med: $0 On site: 151 low | high Med: | |
| State | CA |
|---|---|
| County | Sacramento |
| City | Carmichael |
| Zip Code | 95608 |
| Area | 699 Not Defined |
| Listing VS Median (in 95608) | |
Price: $605,000 low | high Med: $0 On site: 151 low | high Med: | |