5904 Bourbon DR, Carmichael, CA 95608
5904 Bourbon DR, Carmichael, CA 95608
5904 Bourbon DR, Carmichael, CA 95608
5904 Bourbon DR, Carmichael, CA 95608
5904 Bourbon DR, Carmichael, CA 95608
5904 Bourbon DR, Carmichael, CA 95608
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$ 640,000
Est. payment | /mo

2,118 SqFt


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$ 640,000
Est. payment | /mo
Save

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

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 $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 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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kelly Rivett Cornish & Carey Commercial #01249433

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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