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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

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

$ 640,000

Est. payment | -/mo

4 Beds

3 Baths

2,118 SqFt

Save

$ 640,000

Est. payment | -/mo

Save

4 Beds

3 Baths

2,118 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,118 sqft

Price per Sqft $302

MLS Listing ID ML82041299

Bedrooms 4

Full Baths 3

Year Built 1977

Lot Size 6,098 Sqft

Property Sub-Type Duplex

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 $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.

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

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 236-0252-026-0000

Miscellaneous Vaulted Ceiling

Security Features None

Horse Property No

Special Listing Condition Not Applicable

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA, 94030, United States

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5904 Bourbon DR Carmichael, CA 95608