5945 Oak Ave, Carmichael, CA 95608

TREMENDOUS VALUE ADD OPPORTUNITY. Approved plans to complete existing three large 3 bed 2 bath and 2 bed 2 bath multi family units across the street from Riverwood Gated Community Resort with nearby access to American River Parkway! Offering includes stamped remodel plans and permits ready to go! Two of the units have recently updated interiors and include in unit laundry and 2 car garages. The upper 3rd unit is 2 bed 2 bath with in unit laundry. There's also a 4 car covered carport. The lower floor is unfinished with potential for a junior ADU and 2 car garage (subject to county approval). This is a GREAT opportunity for an owner occupant to live in one unit and finish the project using FHA 203k financing. Also great for an investor purchaser looking for their next flip or long term rental property in a highly desirable area. Hard to find vacant multi unit with so much potential. Make it yours today!