Single-Family Home on South 4th Street, Fresno, CA
Property DescriptionSingle family home located in South Fresno. Currently used as a rental while generating $788 in monthly income. Property is occupied with long term tenants. Home will be great for first time investor while with rent upside potential. This property is easily maintained with 858sqft 3bedrooms and 1 and 1/4 bath. Please do not disturb the tenants or walk the grounds. Submit offers subject to walk through inspection.
- Property Type: Single-Family Home
- Year Built:1945
- Square Footage:858.00
- Lot Size: 4500.00 SqFt (0.10 acres)
- Baths:1.00 (Tub/Shower)
- Siding / Exterior:Wood
- Features: Fenced
- Air Conditioning / Heating:Evaporative Cool, Floor or Wall Unit
- Water/Sewer:Public Water, Public Sewer
- Appliances:F/S Range/Oven
- School District:Fresno Unified
- High School:Roosevelt
- Junior High School:Sequoia
- Grade School:Winchell
- Listing Broker:Paul Gestic
- Listing Office:Fresno Income Properties
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.