6 bedrooms 3.0 baths Triplex (3 units) in Madera, CA
Property DescriptionCalling all investors. Great Triplex in Madera. Unit One features 4 bedrooms, 1 bathroom home with covered parking. Unit 2 is a 2 bedroom, 1 bathroom unit and Unit 3 is a studio. Each unit is occupied with long time tenants. Please do not disturb tenants. Call today for more information.
- Property Type: Triplex (3 units)
- Year Built:1950
- Square Footage:2718.00
- Lot Size: 17424.00 SqFt (0.40 acres)
- Baths:3.00 ()
- School District:Madera Unified
- High School:Madera South
- Junior High School:Jack G. Desmond
- Grade School:Nishimoto
- Listing Broker:Alexander Salazar
- 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.