Property DescriptionBeautiful remodeled 6 Unit Apartment Building. Not far from Fresno State. Income producing Investment. Tenants are very happy. Leases on all but 1 which is month to month and has been there 3 years. Purchase and sit back and relax. Motion Sensors in the back parking area. Locked Dumpster. New landscaping. Capital Improvements of over $50,000.Showings of grounds only. Submit offers subject to Inspections of actual units for viewing. Projected Income Statement Available.
- Property Type: 5 to
- Year Built:1967
- Square Footage:6260.00
- Lot Size: 8820.00 SqFt (0.20 acres)
- Baths:12.00 ()
- School District:Fresno Unified
- High School:Hoover
- Junior High School:Tioga
- Grade School:Thomas
- Listing Broker:Linda Peltz
- Listing Office:Quality First Real Estate Group Corporation
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.