5945 Oak AVE Pending

Carmichael,CA 95608

$ 850000

- Bed

- Bath

4089 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,089 sqft

Price per Sqft $207

MLS Listing ID 225104262

Year Built 1975

Lot Size 0.280 Acres

Property Sub-Type Triplex

Property Description

BIG PRICE REDUCTION! TREMENDOUS VALUE ADD OPPORTUNITY. Bring Your Offer!! Approved plans to complete existing 3 unit building with two large 3 bed 2 bath units and one 2 bed 2 bath unit. Fantastic location across the street from Riverwood Gated Community Resort with nearby access to American River Parkway! Offering includes stamped approved plans to complete; permits and full renderings ready to go! The two 3 bed units have recently updated interiors and include in unit laundry and 2 car attached garages. The upper 3rd unit is 2 bed 2 bath with in unit laundry. There's also a 4 car covered carport. The lower level is unfinished (not included in square footage) with potential for a junior ADU and 2 car garage subject to county submission and approval. This is a GREAT opportunity for an owner occupant to live in one unit and finish the project using FHA 203k financing (or other rehab financing). Also great for an investor purchaser looking for their next flip or great income property in a highly desirable area. Hard to find vacant multi unit with so much potential for short; mid or long term rentals. Make it yours today!

Location

State CA

County Sacramento

Area 10608

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 1653 Bedrooms: 3 Full Baths: 2 Total Rooms: 9 Occupancy: Vacant SqFt Source: Owner Unit-2 Type: Apartment Approx SqFt: 1456 Bedrooms: 3 Full Baths: 2 Total Rooms: 8 Occupancy: Vacant SqFt Source: Owner Unit-3 Type: Apartment Approx SqFt: 980 Bedrooms: 2 Full Baths: 2 Total Rooms: 6 Occupancy: Tenant SqFt Source: Owner Unit-4 Approx SqFt: 1303 Occupancy: Vacant SqFt Source: Owner

Interior

Heating Central,Fireplace(s),Natural Gas

Cooling Ceiling Fan(s),Central

Flooring Concrete,Laminate,Vinyl,Varies by Unit

Laundry In Each Unit,Laundry Closet,Washer/Dryer Hookups

Exterior

Parking Features Carport,Covered,Garage

Garage Spaces 4.0

Utilities Available Sewer Connected & Paid,Electric,Internet Available

Roof Type Composition

Building

Lot Description Shape Regular,Curbs/Gutters,Sidewalk

Story 2

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools San Juan Unified

Middle Schools San Juan Unified

High Schools San Juan Unified

School District Sacramento

Others

Special Listing Condition Offer As Is

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