3 bedrooms 2.0 baths Duplex (2 units) in Madera, CA
Property DescriptionCalling all buyers... HUGE PRICE REDUCTION!! Excellent OPPORTUNITY to get into multi-family investing. MAKE the CALL now to own this classic CHARMER with several added benefits... 1) 1/4 ACRE lot 2) CLASSIC STYLE CEILING HEIGHT 3) SECOND UNIT for extra income 4) Close to all SHOPPING and Hwy access. This is A MUST SEE!!
- Property Type: Duplex (2 units)
- Year Built:1923
- Square Footage:2055.00
- Lot Size: 11250.00 SqFt (0.26 acres)
- Baths:2.00 ()
- School District:Madera Unified
- High School:Madera
- Junior High School:Martin Luther King
- Grade School:George Washington
- Listing Broker:Luis Candelario
- Listing Office:Century 21 M & M and Associate
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.