4 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionLocation! Location! Location! Single-story fourplex (two duplexes with two APNs) with garages in the desireable Tower District near Fresno City College. Security gated and newly painted. A separate loan for each parcel is needed if buyer is financing. To be sold in as-is condition.
- Property Type: Quadruplex (4 units)
- Year Built:1948
- Square Footage:2384.00
- Lot Size: 8050.00 SqFt (0.18 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:Fresno
- Junior High School:Fort Miller
- Grade School:Heaton
- 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.