Rare opportunity for a beautifully remodeled and maintained duplex! One side is tenant-occupied and was remodeled in the last 5 years. The other side is move-in ready for a new owner or tenant! The vacant side was just fully remodeled with great attention to detail! New flooring throughout, new kitchen with solf-close cabinets, new appliances and gorgeous quartz counters. Both sides have 2 bedrooms and 1 bathroom, dual-pane windows, central heat/air and oversized 1-car garage with laundry. The exterior just had wood replaced as needed then the exterior was painted, roof repairs were made then a protective coating was added to the roof for longevity. 4030 features a recently replaced heat/air system.
You won't find a more updated duplex! This fully remodeled, practically rebuilt property has over $150K in upgrades. Featuring high rental income potential (over 63K annual rent), it boasts a brand-new flat roof, new siding, dual-pane windows, all-new doors, and fresh concrete throughout. The kitchens and bathrooms have been remodeled, complemented by new LVP flooring, modern lighting, and fresh interior and exterior paint. The low-maintenance landscaping includes rock and artificial grass. Additional upgrades include new garage doors and all doors replaced. This turnkey property is a rare gem! Close to Anciel Hoffman Park, river, restaurants, and shopping.
This Carmichael mixed use property offers a unique blend of stability and future potential, making it an exceptional find for forward-thinking investors or owner-occupants. The rear of the property features a fully renovated triplex, each unit with private backyards and fully leased at top-of-market rents. With consistent cash flow already in place, this asset is ready to perform from day one. What sets this property apart is the flexibility of the front unit. Historically a single-tenant retail space, it holds the possibility for a multi-unit retail conversion or even a residential adaptation, subject to local zoning. This versatility opens the door to various revenue streams and strategic repositioning based on market demand. For those looking to enhance their portfolio with a dynamic, income-producing property, or for an owner-occupant seeking to capitalize on Carmichael's growing market, this is an unparalleled opportunity. Properties with this level of versatility, immediate return, and future upside are rarely available, making this the ideal moment to invest.
Don't Miss this meticulously renovated 6-unit rental property situated in Carmichael, conveniently bordering Fair Oaks. This property boasts not only its prime location but also its consistent cash flow, making it an enticing prospect for investors seeking a reliable income stream. With meticulous care taken in its maintenance, this property offers stability and potential for long-term returns. Don't miss out on this amazing opportunity to add a cash-flowing asset to your portfolio.
The median home value in Carmichael, CA is $535,500. This is higher than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Carmichael, CA is $535,500. Approximately 50.31% of Carmichael homes are owned, compared to 44.26% rented, while 5.43% are vacant. Carmichael real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Carmichael real estate agent to arrange a tour today!
Carmichael, California has a population of 77,358. Carmichael is less family-centric than the surrounding county with 29.16% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Carmichael, California is $74,184. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Carmichael is 40.5 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 39.3 degrees. The average rainfall is approximately 20.4 inches per year, with 0 inches of snow per year.