4 bedrooms 2.0 baths Duplex (2 units) in Fresno, CA
Property DescriptionCorner lot duplex in reasonably nice condition. There are not many small multifamily properties out there to choose from that are as nice as this one. Both units offer 2 bed 1 bath and currently rent for $700/month/unit. This is a property that has been owned, and well maintained, for many years by the current seller who is retiring from the rental business. Submit your offer today so you don't miss out at the chance to buy this one.
- Property Type: Duplex (2 units)
- Year Built:1940
- Square Footage:1792.00
- Lot Size: 10750.00 SqFt (0.25 acres)
- Baths:2.00 ()
- School District:Fresno Unified
- High School:Roosevelt
- Junior High School:Tehipite
- Grade School:Lowell
- 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.