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5928 Rye Way

Carmichael CA 95608

0.14 ac.
Multi-Family
Currently for sale - view listing

Overview

**Turnkey Carmichael duplex with incredible income potential!** Ideal for investors or an owner-occupant looking for rental income to offset their mortgage. One unit is currently rented at $2,500/month, and the other is vacant and MOVE-IN ready for an owner-occupant or a great new tenant. Both units underwent a major 2022 renovation totaling over $250,000 in retail improvements, including fully remodeled kitchens and bathrooms, quartz countertops, custom cabinetry, new LVP flooring, fresh paint, updated recessed lighting, vaulted dining ceilings, accent walls, and imperfect smooth texture. Outside, you'll find a brand-new roof installed in 2024, new exterior siding, refreshed landscaping, a new 50-ft-wide concrete driveway for additional parking, and so much more. A rare, move-in-ready opportunity in a sought-after Carmichael location!

Features

0.14 ac. lot size
Multi-Family

Property history for 5928 Rye Way

2022
Sold
Undisclosed
26 Jul 2022 by Laura Lumenta, of Re/Max Gold Rocklin

Happy sellers in Carmichael

92%
92% of sellers in Carmichael reported that their sale price either exceeded or met their price expectations.

Carmichael stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Carmichael over the last 12 months.

Local market activity for multi families in Carmichael

In the last 12 months, 1 multi family similar to 5928 Rye Way, have been sold.

This represents a 84% increase in multi families sales when compared to the previous 12 months.

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