5940 Rye Way, Carmichael, CA 95608
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
5940 Rye Way,Carmichael, CA 95608
$605,000
- 4 Beds
- - Baths
- 2,118 sq. ft.
- Multi-family
- Active
Listed by: kelly rivett
Office: cornish & carey commercial
MLS#:ML82041354
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$605,000
- Price per sq. ft.:$285.65
About this home
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5940-5942 Rye Way, a well-maintained duplex in the heart of Carmichael. Priced at $605,000, this 1977-built property features a 1,134 SF 2-bedroom/2-bathroom unit and a 984 SF 2-bedroom/1-bathroom unit. The asset is 100% occupied by long-term tenants on month-to-month leases, offering immediate stability with significant rental upside. The property is in turnkey condition following a series of recent capital improvements, including full kitchen and bathroom remodels in 2019, HVAC updates in 2014 and 2023, and a full exterior paint refresh in 2014. These upgrades minimize near-term maintenance costs for a new owner. Located near the Crestview Village Shopping Center and the I-80 corridor, this duplex is a rare, low-maintenance investment in a high-demand rental pocket. Notably, this property can be purchased individually or as part of a three-duplex portfolio, as the seller is also offering 5904-5906 Bourbon Way and 5908-5910 Bourbon Way located just around the corner....
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Home facts
- Year built:1977
- Listing ID #:ML82041354
- Added:61 day(s) ago
- Updated:June 03, 2026 at 02:29 PM
Rooms and interior
- Bedrooms:4
- Living area:2,118 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1977
- Building area:2,118 sq. ft.
- Architectural Style:Duplex
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$605,000
- Price per sq. ft.:$285.65
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