5940 Rye WAY, Carmichael, CA 95608
5940 Rye WAY, Carmichael, CA 95608
5940 Rye WAY, Carmichael, CA 95608
5940 Rye WAY, Carmichael, CA 95608
5940 Rye WAY, Carmichael, CA 95608
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 615,000
Est. payment | /mo

2,118 SqFt

Save
$ 615,000
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 $290

MLS Listing ID ML82041354

HOA Y/N No

Year Built 1977

Annual Tax Amount $2,711

Lot Size 6,534 Sqft

Property Sub-Type Duplex

Property 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.

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

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 23602520130000

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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How Does The Raymond Team Deliver Exceptional Real Estate Service?

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We educate you on the market and guide you to the best best decision about your move.

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Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

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

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.