Property DescriptionFiveplex for sale, All units have 2 bed 1 baths, Currently all rented at $ 600 pm, Gross Rent is $ 3000. Carport, Coin operated laundry, owner gets $ 100 from operation co pm. Low maintenance, long term tenants. Laundry met and store is just across Street. Good rate of return. Tenants like the location, easily rentable as per owner.
- Property Type:
- Year Built:1985
- Square Footage:3600.00
- Lot Size: 7500.00 SqFt (0.17 acres)
- Baths:5.00 ()
- School District:Mendota
- High School:Mendota
- Junior High School:Mendota
- Grade School:Washington-McCabe
- Listing Broker:Puneet Bhargava
- Listing Office:Century 21 M & M and Associates
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.