4201 Manzanita AvenueCarmichael, CA 95608
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This Carmichael mixed use property offers a unique blend of stability and future potential, making it an exceptional find for forward-thinking investors or owner-occupants. The rear of the property features a fully renovated triplex, each unit with private backyards and fully leased at top-of-market rents. With consistent cash flow already in place, this asset is ready to perform from day one. What sets this property apart is the flexibility of the front unit. Historically a single-tenant retail space, it holds the possibility for a multi-unit retail conversion or even a residential adaptation, subject to local zoning. This versatility opens the door to various revenue streams and strategic repositioning based on market demand. For those looking to enhance their portfolio with a dynamic, income-producing property, or for an owner-occupant seeking to capitalize on Carmichael's growing market, this is an unparalleled opportunity. Properties with this level of versatility, immediate return, and future upside are rarely available, making this the ideal moment to invest.
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Price changed to $1,149,000 | |
2 months ago | Listing first seen on site |
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Information last updated 2024-10-29 05:00 PM PDT
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