5 bedrooms 4.0 baths Duplex (2 units) in Fresno, CA
Property DescriptionNice Clovis Duplex featuring (1) 3 bedroom 2 bathroom unit and (1) 2 bedroom 2 bathroom unit with a loft. Each unit has its own 2 car garage and features central heating and cooling. Currently the 3 bedroom unit is rented For $1,125/month and the 2 bedroom unit has just gone vacant. That unit was rented at $950/month prior to going vacant. This is a rare find and can be a good fit for both the investor or the owner occupant looking to live in one unit and rent the other.
- Property Type: Duplex (2 units)
- Year Built:1972
- Square Footage:2650.00
- Lot Size: 7930.00 SqFt (0.18 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:Hoover
- Junior High School:Ahwahnee
- Grade School:Viking
- Listing Broker:Bobby Ward
- 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.