2601 Carmichael Way
Carmichael, CA, 95608
$5,295,000
Beds
0 Baths
SqFt
1.28 Acres
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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!

Property Details

Price:
$5,295,000
MLS #:
41089843
Status:
Active
Baths:
0
Address:
2601 Carmichael Way
Type:
Residential Income
Subtype:
Apartment
City:
Carmichael
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
95608
Lot Size:
55,601 sqft / 1.28 acres (approx)
Year Built:
1963
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