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.
118 days
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252
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9
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Zillow last checked:
Listing updated:
Listed by:
Kelly Rivett01249433916-569-2385,
Cornish & Carey Commercial408-727-9600
Source: MLSListings Inc,MLS#: ML82041299
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Kitchen
Features: Countertop_Formica
Heating
Central Forced Air
Cooling
Central Air
Appliances
Included: Electric Cooktop, Dishwasher, Electric Oven
Laundry: Hookups Only
Features
Vaulted Ceiling(s)
Flooring: Carpet, Vinyl Linoleum
Doors: None
Interior area
Total structure area: 2,118
Total interior livable area: 2,118 sqft
Property
Parking
Total spaces: 2
Parking features: Attached, Off Street
Garage spaces: 2
Has carport: Yes
Accessibility
Accessibility features: None
Features
Stories: 1
Lot
Size: 6,098 Square Feet
Details
Parcel number: 23602520260000
Zoning: RD-10
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Residential Income
Materials
Foundation: Slab
Roof: Composition
Condition
Year built: 1977
Utilities & green energy
Gas: PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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