8 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionPresenting a 4plex (2 buildings with 2 units each) with each apartment consisting of 2 bedrooms, 1 bathroom and private patio. Rents are low and there is room for rental increase for greater return on investment. **Please note that the complex next door 5063 E. Belmont is also for sale by the same owner.** Please do not walk the grounds or disturb the tenants.
- Property Type: Quadruplex (4 units)
- Year Built:1964
- Square Footage:4080.00
- Lot Size: 13250.00 SqFt (0.30 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:Sunnyside
- Junior High School:Kings Canyon
- Grade School:Bakman
- Listing Broker:Paul Gestic
- Listing Office:Fresno Income Properties
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.