59
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$5,395,000
Est. payment /mo
New
2601 Carmichael WAY Carmic, CA 95608
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Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 26,832 sqft
Price per Sqft $201
MLS Listing ID MR41089843
Bedrooms 5
Originating Board Bridge MLS
Year Built 1963
Lot Size 1.276 Acres
Property Sub-Type Five or More Units
Property Description
The property offers oversized one- and two-bedroom units, each with an in-suite washer and dryer, ranging from approximately 1,090 to 1,490 square feet. Residents enjoy at least one large private patio or balcony, and a secured swimming pool enhances tenant appeal. With one of the region's lowest vacancy rates, Carmichael remains a strong rental market. The new owner can implement a Ratio Utility Billing System (RUBS) to allocate utility costs, typically adding $25-$100 per unit in additional revenue. These improvements will boost cash flow and add value to the complex by implementing the RUBS to those units not already included. The Hause Apartments attracts quality tenants due to its prime location, proximity to a good school district, and being minutes from the American River. Don't miss this rare investment opportunity in Carmichael!
Location
State CA
County Sacramento
Area Other Area
Interior
Heating Forced Air
Cooling Central -1 Zone
Flooring Laminate, Hardwood
Laundry Washer, Dryer
Exterior
Exterior Feature Wood Frame
Parking Features Spaces per Unit - 1, Spaces per Unit - >1
Garage Spaces 37.0
Roof Type 30
Building
Lot Description Regular
Water Other
Others
Special Listing Condition New, Not Applicable
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Listed by Willem Bos • COMPASS