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… Read More 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. Read Less
Courtesy of Cornish & Carey Commercial, Kelly Rivett 916-569-2385
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Square Ft.
1,967
Lot Size
0.17 Acres
Year Built
1977
MLS Number
ML82035946
Additional Details
Lot
Max Area: 7405.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 983 square feet, Unit 1 rent: $1,600
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 983 square feet, Unit 2 rent: $1,605
Accessibility Features
None
Building
Built in 1977, 2 building units, 1 building, 1,967 structure square feet
Roof
Composition
Utilities
Individual Electric Meters, Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Central Forced Air
Cooling
Central AC
Floors
Carpet, Vinyl / Linoleum
Foundation
Concrete Slab
Kitchen
Cooktop - Electric, Countertop - Synthetic, Dishwasher, Oven - Electric
Laundry
Hookups Only
Water Features
Public
Garage
1 garage space
Parking
1 parking space
Miscellaneous
Vacancy factor: 0
Tenant Pays
Utilities - Electric
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