5 bedrooms 4.0 baths Triplex (3 units) in Madera, CA
Property DescriptionGreat investment opportunity! Main unit has 3 Bedrooms and 2 baths, Second unit has 1 bedroom and 1 bath, and Third Unit has 1 bedroom and 1 bath. All units have their own kitchen, and alley access for parking.
- Property Type: Triplex (3 units)
- Year Built:1948
- Square Footage:872.00
- Lot Size: 7500.00 SqFt (0.17 acres)
- Baths:4.00 ()
- School District:Madera Unified
- High School:Madera
- Junior High School:Thomas Jefferson
- Grade School:James Monroe
- Listing Broker:Guadalupe Ochoa
- Listing Office:Realty World R.E. Professionals
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.