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4 Beds
2 Baths
1,912 sqft

$699,900

5928 Rye Way, Carmichael CA, 95608

Price per sqft$366.06
Built in1977
Property size1,912 sqft
Property typeMulti-family

Overview

Active

Listed Oct 7, 2026

Updated 4h ago

**Turnkey Carmichael duplex, fully leased and needing nothing!** Both units are occupied and producing **approx. $58,800 in gross annual rent**: 5928 rents for $2,400/month and 5930 for $2,500/month. Ideal for investors who want reliable cash flow from day one, with no work, no vacancy and no surprises. Both units had a major 2022 renovation totaling **over $250,000 in retail improvements**. Work includes fully remodeled kitchens and bathrooms, quartz countertops, custom cabinetry, new LVP flooring, fresh paint, recessed lighting, vaulted dining ceilings, accent walls and imperfect smooth texture. Outside, there's a brand-new roof (2024), new exterior siding, refreshed landscaping and a new 50-ft-wide concrete driveway for extra parking. The major work is already done, so just collect rent. A rare, truly turnkey income property in a sought-after Carmichael location!

$4,656/mo

Est. mortgage payment based on a $699,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226124943

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Garage
Yes
MLS provider logo

Courtesy of Realty One Group Complete, David Naumchuk,
Listing Contact:  

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