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About the Listing ML33684 - ML5070313
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.
Listing Highlights
Status
Pending
Days on Site
37
Property Type
Multi-Family
MLS ®
ML82036010
Year Built
1978
Total Square Footage
1,967
Lot/Acreage
0.21
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances: Dishwasher, Electric Cooktop, Electric Oven
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Zoning: RD-10
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $1,680
- Taxes w/Assessments: N/A
- Tax/Property ID: 24606200470000
- Tax Year: N/A
Payment Calculator
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Questions About..
8804 N Winding Way Fair Oaks, CA 95628
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