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5940 Rye Way, Carmichael, CA 95608
Priced at Only: $615,000
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Address: 5940 Rye Way, Carmichael, CA 95608
Property Location and Similar Properties
- MLS#: ML82041354 ( Duplex )
- Street Address: 5940 Rye Way
- Viewed: 2
- Price: $615,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1977
- Bldg sqft: 0
- Days On Market: 16
- Additional Information
- County: SACRAMENTO
- City: Carmichael
- Zipcode: 95608
- Provided by: Cornish & Carey Commercial
- Contact: Kelly Kelly

- DMCA Notice
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DescriptionNewmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5940 5942 Rye Way, a well maintained duplex in the heart of Carmichael. Priced at $615,000, this 1977 built property features a 1,134 SF 2 bedroom/2 bathroom unit and a 984 SF 2 bedroom/1 bathroom unit. The asset is 100% occupied by long term tenants on month to month leases, offering immediate stability with significant rental upside. The property is in turnkey condition following a series of recent capital improvements, including full kitchen and bathroom remodels in 2019, HVAC updates in 2014 and 2023, and a full exterior paint refresh in 2014. These upgrades minimize near term maintenance costs for a new owner. Located near the Crestview Village Shopping Center and the I 80 corridor, this duplex is a rare, low maintenance investment in a high demand rental pocket. Notably, this property can be purchased individually or as part of a three duplex portfolio, as the seller is also offering 5904 5906 Bourbon Way and 5908 5910 Bourbon Way located just around the corner.
Features
Accessibility Features
- None
Appliances
- Dishwasher
- Electric Cooktop
Building Area Total
- 2118.00
Carport Spaces
- 0.00
Cooling
- Central Air
Flooring
- Carpet
Foundation Details
- Slab
Garage Spaces
- 2.00
Heating
- Central
Insurance Expense
- 0.00
Otherexpense
- 0.00
Otherincome1
- 0.00
Parcel Number
- 23602520130000
Parking Features
- Off Street
Property Type
- Duplex
Roof
- Composition
Sewer
- Public Sewer
Sourcesystemkey
- 82041354:MLSL
Totalexpenses
- 2711.00
Trash Expense
- 0.00
Water Source
- Public
Year Built
- 1977
Year Built Source
- Assessor
Zoning
- RD-10
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com






