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$5,295,000

Est. payment - /mo

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1.28 Acres Lot

Active

2601 Carmichael Way Carmichael, CA 95608

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41089843

HOA Y/N No

Year Built 1963

Lot Size 1.276 Acres

Property Sub-Type Apartment

Property Description

6.05% CAP and 10.77 GRM Day one! 2601 Carmichael 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

Interior

Heating Forced Air

Fireplace No

Appliance Dryer, Washer

Exterior

Total Parking Spaces 37

Building

Water Other

Others

Tax ID 27301910170000

Listed by Willem Bos • COMPASS

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