5 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionUnits are now vacated and ready for your own tenants. Main home includes a large downstairs with original hardwood floors in breakfast nook, bedrooms and living room. Living room contains charming wood details and brick fireplace. Kitchen has tiled floor and granite countertop. Two separate upstairs units have an exterior entrance, newer carpet, their own bathrooms & kitchenettes. A separate 1/1 studio on Pine Ave has its own address - included on the same APN. This large property has just been repainted throughout the interior and the garage exterior has also just been repainted. All four units were were previously rented for a combined $1950 per month. Potential primary residence - live in one unit and let the other rented units pay your mortgage!
- Property Type: Quadruplex (4 units)
- Year Built:1942
- Square Footage:2802.00
- Lot Size: 9750.00 SqFt (0.22 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:McLane
- Junior High School:Yosemite
- Grade School:Mayfair
- Listing Broker:Chad Deihl
- Listing Office:Keller Williams Westland Realty
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.