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Listed by Kelly Rivett • Cornish & Carey Commercial
$ 620,000
Est. payment | /mo
1,939 SqFt
$ 620,000
Est. payment | /mo
1,939 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,939 sqft
Price per Sqft $319
MLS Listing ID ML82036272
HOA Y/N No
Year Built 1976
Lot Size 8,712 Sqft
Property Sub-Type Duplex
Source Datashare MLSListings
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 $620,000, 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 $605,000. 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
Interior
Heating Forced Air
Fireplace No
Schools
School District San Juan Unified, San Juan Unified
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