5 bedrooms 3.0 baths Triplex (3 units) in Madera, CA
Property DescriptionGreat buy for investors, solid rental history. Do not disturb tenants. Submit offers subject to inspection or call agent to try and make appointment. Buyer to verify bedrooms and baths, as listing agent has not been in to view units due to tenants. Property being sold as-is. Also includes house on corner of Lake and 6th St.
- Property Type: Triplex (3 units)
- Year Built:1915
- Square Footage:2112.00
- Lot Size: 7500.00 SqFt (0.17 acres)
- Baths:3.00 ()
- School District:Madera Unified
- High School:Madera South
- Junior High School:Martin Luther King
- Grade School:Sierra Vista
- Listing Broker:Jerilyn Von Flue
- Listing Office:Century 21 M & M and Associate
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.