5 bedrooms 4.5 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionGreat opportunity to own this Fourplex, This property is located in an established neighborhood near the famous Tower District and all of the down town activities. This property has dual pane windows, rod iron gate and many upgrades; nice investment property or live in one and collect rent for the other three.
- Property Type: Quadruplex (4 units)
- Year Built:1923
- Square Footage:2449.00
- Lot Size: 7200.00 SqFt (0.17 acres)
- Baths:4.50 ()
- School District:Fresno Unified
- High School:Fresno
- Junior High School:Tehipite
- Grade School:Anthony
- Listing Broker:Rosalio Avila
- Listing Office:Diversity Real Estate
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.