$1,999,999 Price Analysis    ♡   Carmichael, CA 95608 12 bed 4 bath 3,240 SqFt ($617/SqFt) 0.34 acre lot. Built 1973 Listed 2024-04-04, Taxes $9,160 | Ⓧ USDA Ineligible due to price & location near Carmichael |
Presenting an exceptional investment opportunity: a meticulously renovated 6-unit rental property situated in Carmichael
Conveniently bordering Fair Oaks. This property boasts not its prime location but also its consistent cash flow, making it an enticing prospect fr 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 excellent opportunity to add a cash-flowing asset to your portfolio.
Presented by Ruth Carter at
1st Choice Realty & Associates.
Property MLS #224032965 from MetroList
Bedrooms: 12
Laundry Features: In Each Unit
Cooling Features: Ceiling Fan(s), Central
Heating Features: Central
Heating Features: Central
Full Bathrooms: 4
Lot Description: Shape Regular
Lot Dimensions Source: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Lot Dimensions Source: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Garage Spaces: 4
Open Parking Spaces: 2
Parking Features: Off Street
Open Parking Spaces: 2
Parking Features: Off Street
Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 2773
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 2773
Number of Buildings: 3
Number of 2 Bedroom Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 6
Total Rooms in Unit-4: 6
Unit-1 Square Feet: 800
Unit-2 Square Feet: 800
Unit-3 Square Feet: 820
Unit-4 Square Feet: 820
Unit 1 Total Actual Rent: 1045
Unit 3 Total Actual Rent: 1375
Unit 4 Total Actual Rent: 1895
Number of 2 Bedroom Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 6
Total Rooms in Unit-4: 6
Unit-1 Square Feet: 800
Unit-2 Square Feet: 800
Unit-3 Square Feet: 820
Unit-4 Square Feet: 820
Unit 1 Total Actual Rent: 1045
Unit 3 Total Actual Rent: 1375
Unit 4 Total Actual Rent: 1895
Elementary School District: San Juan Unified
High School District: San Juan Unified
Middle or Junior School District: San Juan Unified
High School District: San Juan Unified
Middle or Junior School District: San Juan Unified
John Barrett Middle School is a public middle school located approximately 0.4 miles away.
Map directions
Map directionsCarmichael Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsDel Campo High School is a public high school located approximately 1.2 miles away.
Map directions
Map directionsBofinger School is a private elementary and middle school located approximately 1 miles away.
Map directions
Map directionsIncome Includes: Rent Only
Lease Term: Month To Month
Number of Units Leased: 5
Lease Term: Month To Month
Number of Units Leased: 5
Annual Tax Amount: 9254
Source Listing Status: Active
County: Sacramento
Cross Street: Fair Oaks Blvd
Directions: Fair Oaks to Miles Lane
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Residential Income
Insurance Expense: 3235
Area: Carmichael
Source Neighborhood: 10608
Parcel Number: 245-0222-025-0000
Postal Code Plus 4: 2498
Street Suffix Modifier: 6427
Zoning: APt
Property Subtype: Apartments
Source System Name: C2C
Source Listing Status: Active
County: Sacramento
Cross Street: Fair Oaks Blvd
Directions: Fair Oaks to Miles Lane
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Residential Income
Insurance Expense: 3235
Area: Carmichael
Source Neighborhood: 10608
Parcel Number: 245-0222-025-0000
Postal Code Plus 4: 2498
Street Suffix Modifier: 6427
Zoning: APt
Property Subtype: Apartments
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $618,657 + $136,601 $755,258 | $9,160 |
| 2021 | $606,527 + $133,923 $740,450 | $9,008 |
| 2020 | $600,308 + $132,550 $732,858 | $8,840 |
| 2019 | $588,538 + $129,951 $718,489 | $8,662 |
| 2018 | $576,999 + $127,403 $704,402 | $8,562 |
| 2017 | $565,686 + $124,905 $690,591 | $8,478 |
| 2016 | $554,595 + $122,456 $677,051 | $7,919 |
| 2015 | $546,265 + $120,617 $666,882 | $7,915 |
| 2014 | $535,565 + $118,255 $653,820 | $7,753 |
| 2013 | $533,145 + $117,721 $650,866 | $7,710 |
| 2012 | $522,692 + $115,413 $638,105 | $7,166 |
| 2011 | $512,444 + $113,150 $625,594 | $6,991 |
| 2010 | $508,615 + $112,305 $620,920 | $6,792 |
| 2009 | $509,824 + $112,572 $622,396 | $6,752 |
| 2008 | $499,828 + $110,365 $610,193 | $6,612 |
| 2007 | $490,028 + $108,201 $598,229 | $6,467 |
Price Changed 2024-05-28
$1,999,999
MetroList
Price Changed 2024-05-16
$2,249,000
MetroList
Price Changed 2024-04-25
$2,299,000
MetroList
Listed 2024-04-04
$2,349,999
MetroList
Sold 2002-09-04
$450,000
Public Record
Sold 1989-07-06
$299,500
Public Record
Sold 1985-12-31
$215,000
Public Record
Sold 1978-11-03
$145,000
Public Record
$1,999,999
MetroList
Price Changed 2024-05-16
$2,249,000
MetroList
Price Changed 2024-04-25
$2,299,000
MetroList
Listed 2024-04-04
$2,349,999
MetroList
Sold 2002-09-04
$450,000
Public Record
Sold 1989-07-06
$299,500
Public Record
Sold 1985-12-31
$215,000
Public Record
Sold 1978-11-03
$145,000
Public Record
Year Built: 1973
Construction Materials: Wood
Foundation Details: Slab
Levels: One
Property Age: 51
Structure Type: 5 or More Units
Construction Materials: Wood
Foundation Details: Slab
Levels: One
Property Age: 51
Structure Type: 5 or More Units
Sewer: In & Connected, Public Sewer
Electric
Water Source: Public
Electric
Water Source: Public
Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.