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ResidentialIncome — 5908 Bourbon Drive, Carmichael, CA

$610,000

5908 Bourbon Drive, Carmichael, CA

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About this property

We are pleased to present the opportunity to acquire 5908-5910 Bourbon Way. Priced reduced to $610,000, this duplex is a standout investment in Carmichael, offering a rare combination of modern upgrades and immediate flexibility for an owner-user or investor. This 2,118-square-foot property features two distinct units: 5908 Bourbon: a spacious 1,134 sq. ft. 2-bedroom/2-bathroom unit, and 5910 Bourbon, a well-proportioned 984 sq. ft. 2-bedroom/1-bathroom vacant unit. The property underwent a comprehensive capital improvement program in 2019, which included a full roof replacement, new HVAC systems for both units, and modernized kitchens and bathrooms. These extensive upgrades, paired with a full exterior repaint in 2014, significantly lower the risk of future maintenance costs and ensure the asset remains highly competitive in the local rental market. Unit 5910, a buyer has the immediate opportunity to move in ( vacant) or place a new tenant at current market rates without the delay of a lease expiration. At approximately $268 per square foot, this turn-key duplex represents an exceptional value for a fully modernized multi-family asset in a prime suburban location. 5904/5906 Bourbon Way is also for sale and just reduced to $605k, same ownership group.

Property details

Square feet
2,118
Year built
1977
Property type
ResidentialIncome

Location

5908 Bourbon Drive • Carmichael, CA 95608

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Listed by

Kelly Rivett · Cornish & Carey Commercial