Open House Sat, May 11th 11:00 AM - 1:00 PM - Price Reduction
Address
6417-6427 Miles Lane, Carmichael, CA
Price
$ 2,299,000
Property Attributes
  • MLS#224032965
  • TypeIncome
  • CountySACRAMENTO
  • CityCarmichael
  • AreaCarmichael
  • Zip95608
  • Style5 or More Units
  • Price$ 2,299,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.34 Acres
Data Source:
MetroList MLS
Property Description

Presenting an exceptional investment opportunity: a meticulously renovated 6-unit rental property situated in Carmichael, conveniently bordering Fair Oaks. This property boasts not only its prime location but also its consistent cash flow, making it an enticing prospect for investors seeking a reliable income stream. With meticulous care taken in its maintenance, this property offers stability and potential for long-term returns. Don't miss out on this amazing opportunity to add a cash-flowing asset to your portfolio.

Price History
4/5/2024 Listed $2,349,999
4/25/2024 3% - $2,299,000

General Features

Sewer In & Connected,Public Sewer
Heating Central
Cooling Ceiling Fan(s),Central
Utilities Electric
Unit 4 Rent 1895
Unit 3 Rent 1375
Unit 1 Rent 1045
Garage Spaces 4.0
Construction Materials Wood
Year Built 1973
Levels One
Property SubType 5 or More Units
County Sacramento
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions Fair Oaks to Miles Lane
City Carmichael
Buyer Agent Compensation 1.5
High School District San Juan Unified
Zoning Description APt
Open Parking Spaces 2.0
Total Units 6
MLS Area 10608
Lot Size Square Feet 14810.0
Carport Spaces 0.0
Street Name Miles
Ok to Lease Month To Month
Standard Status Active
Middle/Junior School District San Juan Unified
Elementary School District San Juan Unified
Year Built Source Appraiser
Buyer Agent Compensation Type Percent

Interior Features

Flooring Other
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit2Bedrooms 2
Unit3Bedrooms 2
Unit4Bedrooms 2
Street Suffix Lane
Laundry Features In Each Unit
Unit 2 Bedroom Units Total 6

Exterior Features

Parking Features Off Street
Lot Features Shape Regular
Water Source Public
Total Parking 0.0
Foundation Details Slab
Number of Buildings 3
Lot Size Acres 0.34
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95608

Price
AVG $1.56M
$2.3M
Visits
AVG 171
310
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1973

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