2 bedrooms 1.5 baths Quadruplex (4 units) in Kings, CA
Property DescriptionFour Plex investment opportunity. This is a single unit Townhouse containing four rentals. Each 2 story unit is approximately 1055 square feet, two bedroom, 1.50 baths, covered parking, laundry hook-ups, and private courtyard. Newer carpet, fresh neutral paint. Located within walking distance of beautiful downtown Lemoore, nearby shopping, restaurants and recreation. Excellent access to Highway 41 and interstate 198.
- Property Type: Quadruplex (4 units)
- Year Built:1964
- Square Footage:4220.00
- Lot Size: 10019.00 Acres (0.23 acres)
- Baths:1.50 ()
- School District:Lemoore Schools
- High School:Lemoore Union
- Junior High School:Liberty
- Grade School:Lemoore
- Listing Broker:Lorene Christopher
- 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.