5930 Rye Way, Carmichael, CA 95608

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List Price
$699,900
MLS#
226124943
Status
ACTIVE
Living Sq. Ft
1,912
Square Footage
1912
Type
Multifamily
Zip
95608
city
Carmichael

Property Description

**Turnkey Carmichael duplex, fully leased and needing nothing!** Both units are occupied and producing **approx. $58,800 in gross annual rent**: 5928 rents for $2,400/month and 5930 for $2,500/month. Ideal for investors who want reliable cash flow from day one, with no work, no vacancy and no surprises. Both units had a major 2022 renovation totaling **over $250,000 in retail improvements**. Work includes fully remodeled kitchens and bathrooms, quartz countertops, custom cabinetry, new LVP flooring, fresh paint, recessed lighting, vaulted dining ceilings, accent walls and imperfect smooth texture. Outside, there's a brand-new roof (2024), new exterior siding, refreshed landscaping and a new 50-ft-wide concrete driveway for extra parking. The major work is already done, so just collect rent. A rare, truly turnkey income property in a sought-after Carmichael location!

Additional Information

Tenant Pays
Electricity, Gas
Land Area (Acres)
0.14
Year Built
1977
Number of Buildings
1
Number of 2 Bedroom Units
2
Roof Description
Composition

Mortgage Calculator

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty One Group Complete.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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