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$ 585,000

Est. payment | -/mo

4 Beds

2 Baths

1,967 SqFt

Save

$ 585,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,967 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,967 sqft

Price per Sqft $297

Lot Size 7,405 Sqft

MLS Listing ID ML82035946

Bedrooms 4

Full Baths 2

Property Description

Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire an exceptional investment property in the highly desirable community of Fair Oaks, California. Offered at $585,000, this well-maintained duplex was constructed in 1977 and represents a stabilized asset perfectly positioned for seasoned investors or "house-hackers" looking to capitalize on a high-demand rental market. Each unit spans approximately 983 square feet and features a functional two-bedroom/ one-bathroom layout, complemented by the sought-after amenities of private backyards, attached single-car garages, and individual HVAC systems. The property is currently 100% occupied by long-term tenants on month-to-month leases, providing immediate, consistent cash flow while offering a new owner the strategic flexibility to adjust rents to market rates. This rare combination of established occupancy, versatile lease terms, and a prime location makes this duplex a premier acquisition for those seeking long-term appreciation and reliable income in one of the Sacramento areas most resilient submarkets. The duplex next door is also for sale at 8804/8806 N Winding Way for $600k.

Location

State CA

County Sacramento

Area Fair Oaks

Zoning RD-10

Rooms

Kitchen Cooktop - Electric, Countertop - Synthetic, Dishwasher, Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Carpet, Vinyl / Linoleum

1-purchase type For Sale

Exterior

Garage Attached Garage, Off-Street Parking

Garage Spaces 1

Utilities Available Individual Electric Meters, Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Story 1

Others

Tax ID 246-0620-038-0000

Security Features None

Horse Property No

Special Sale Not Applicable

Listed by Kelly Rivett of Cornish & Carey Commercial
Bought with Kelly Rivett of Cornish & Carey Commercial

8833 Winding WAY Fair Oaks, CA 95628