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Elvida Salazar

elvida.myagent@gmail.com +1(760) 801-9758

$620,000

Est. payment - /mo

2,118 SqFt

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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

HOA Y/N No

Year Built 1977

Annual Tax Amount $1,584

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 $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 699 - Not Defined

Zoning RD-10

Interior

Heating Central

Cooling Central Air

Flooring Carpet

Fireplace No

Appliance Dishwasher, Electric Cooktop, Electric Oven

Exterior

Parking Features Off Street

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

Roof Type Composition

Accessibility None

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 23602520260000

Special Listing Condition Standard

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Listed by Kelly Rivett Cornish & Carey Commercial #01249433

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Elvida Salazar

+1(760) 801-9758

Realtor® | Property Management Specialist | License ID: DRE# 01775858

Realtor® | Property Management Specialist License ID: DRE# 01775858

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5904 Bourbon DR Carmichael, CA 95608

Elvida Salazar

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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