10 bedrooms 7.0 baths Quadruplex (4 units) in Madera, CA
Property DescriptionFourplex with garages in Sherwood Square. Large units on a quiet street. There is an on-site property management company if you wish to have management. Great cash flow!
- Property Type: Quadruplex (4 units)
- Year Built:0
- Square Footage:4204.00
- Lot Size: 11062.00 SqFt (0.25 acres)
- Baths:7.00 ()
- School District:Madera Unified
- High School:Madera South
- Junior High School:Jack G. Desmond
- Grade School:James Monroe
- Listing Broker:Ronald Stumpf
- Listing Office:Stumpf And Company
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.