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$ 600,000

Est. payment | -/mo

4 Beds

2 Baths

1,967 SqFt

Save

$ 600,000

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 $305

Lot Size 9,145 Sqft

MLS Listing ID ML82036010

Bedrooms 4

Full Baths 2

Property Description

Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire an investment property in the highly desirable community of Fair Oaks, California. Offered at $600,000, 8804/8806 N Winding Way represents a stabilized asset perfectly positioned for seasoned investors looking to capitalize on a high-demand rental market. The duplex was constructed in 1977, with each unit offering a 983 sf two-bedroom/ one-bath layout with private backyards and an attached single car garage. The property's current occupancy provides a unique dual advantage: 8804 N Winding Way is currently vacant, while 8806 N Winding Way is occupied by a long-term tenant on a month-to-month lease. This configuration ensures immediate cash flow while offering the strategic flexibility to either occupy the vacant unit or reposition the entire asset to current market rents. Furthermore, a rare expansion opportunity exists to acquire the adjacent duplex at 8833 Winding Way. Offered at $585,000, this allows an investor a contiguous footprint and achieve immediate economies of scale in one of the Sacramento areas most resilient submarkets.

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 2

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 246-0620-047-0000

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

8804 N Winding WAY Fair Oaks, CA 95628