Bought with Michael Gesner • Realty Plus
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Key Details
Sold Price $589,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,939 sqft
Price per Sqft $303
MLS Listing ID ML82036272
Bedrooms 4
Full Baths 3
Year Built 1976
Lot Size 8,712 Sqft
Property Sub-Type Duplex
Property Description
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a versatile duplex investment located at 3332 Jayanne Way / 5401 Kimsue Ct in Carmichael, California. Offered at $605,000, this 1,939-square-foot property was constructed in 1976 and sits on a spacious 0.20-acre corner lot. The building features a unique layout where each unit enjoys its own street frontage and entrance: 3332 Jayanne Way is a 2-bedroom, 1-bathroom unit ( sf) currently rented at $1,520, while 5401 Kimsue Ct is a 2-bedroom, 2-bathroom unit ( sf) rented at $1,925. Both units are occupied by reliable, long-term tenants on month-to-month leases, providing immediate stable cash flow with the flexibility to adjust to market rates. The property has been well-maintained, featuring a fresh exterior paint job completed in 2020. This offering is further enhanced by the availability of the adjacent duplex at 3312/3314 Jayanne Way, offered by the same ownership for $595,000. Whether purchased as a standalone asset or as part of this contiguous package, the Kimsue/Jayanne duplex offers a stabilized foundation with significant upside in one of Carmichaels most desirable rental pockets.
Location
State CA
County Sacramento
Area Carmichael
Zoning RD-10
Rooms
Kitchen Cooktop - Electric, Countertop - Synthetic, Dishwasher, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Carpet, Vinyl / Linoleum
Laundry Hookups Only
Exterior
Parking Features Attached Garage, Off-Street Parking
Garage Spaces 2.0
Utilities Available Individual Electric Meters, Public Utilities
Roof Type Composition
Building
Story 1
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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