5945 Oak Ave, Carmichael, CA 95608

BIG PRICE REDUCTION! TREMENDOUS VALUE ADD OPPORTUNITY. Bring Your Offer!! Approved plans to complete existing 3 unit building with two large 3 bed 2 bath units and one 2 bed 2 bath unit. Fantastic location across the street from Riverwood Gated Community Resort with nearby access to American River Parkway! Offering includes stamped approved plans to complete; permits and full renderings ready to go! The two 3 bed units have recently updated interiors and include in unit laundry and 2 car attached garages. The upper 3rd unit is 2 bed 2 bath with in unit laundry. There's also a 4 car covered carport. The lower level is unfinished (not included in square footage) with potential for a junior ADU and 2 car garage subject to county submission and approval. This is a GREAT opportunity for an owner occupant to live in one unit and finish the project using FHA 203k financing (or other rehab financing). Also great for an investor purchaser looking for their next flip or great income property in a highly desirable area. Hard to find vacant multi unit with so much potential for short; mid or long term rentals. Make it yours today!