Sold

8804 N Winding Way, Fair Oaks, CA 95628

Sqft
1,967
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCornish & Carey Commercial
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Square feet
1,967
Lot size (acres)
0.21
Year built
1978

Garage and parking

Garage parking spaces
2

Utilities

Heating
Central, Forced air
Cooling
Central air
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$2,814

Taxes

Tax Annual Amount
$1,680

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MLSListings (California) MLS®#: ML82036010 Last checked:

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