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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
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  • 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
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Newmark, 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
  1. None
Appliances
  1. Dishwasher
  2. Electric Cooktop
Building Area Total
  1. 2118.00
Carport Spaces
  1. 0.00
Cooling
  1. Central Air
Flooring
  1. Carpet
Foundation Details
  1. Slab
Garage Spaces
  1. 2.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Otherexpense
  1. 0.00
Otherincome1
  1. 0.00
Parcel Number
  1. 23602520130000
Parking Features
  1. Off Street
Property Type
  1. Duplex
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 82041354:MLSL
Totalexpenses
  1. 2711.00
Trash Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1977
Year Built Source
  1. Assessor
Zoning
  1. RD-10
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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