1 bedrooms 1.0 baths Triplex (3 units) in Fresno, CA
Property DescriptionInvestor Special! Here's your chance to pick up a deal in a very limited market. (3) 1 bedroom 1 bath condos in the Ranchwood's being sold in a bulk package. 4860 E Lane #101, #102 & #229. #101 and #102 are vacant, #229 is occupied. Offers subject to inspection ONLY. This property is being sold as-is, where is, CASH only. Seller will NOT be responsible for any Inspections or repairs.
- Property Type: Triplex (3 units)
- Year Built:1981
- Square Footage:1587.00
- Lot Size: 0.00 SqFt (0.00 acres)
- Baths:1.00 ()
- School District:Fresno Unified
- High School:Sunnyside
- Junior High School:Terronez
- Grade School:Ayer
- Listing Broker:Michael Garabedian
- Listing Office:London Properties, Ltd.
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.