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.
Listing courtesy of Listing Agent: Kelly Rivett (kelly.rivett@nmrk.com) from Listing Office: Cornish & Carey Commercial.
Listing sold by Kelly Rivett from Cornish & Carey Commercial
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