6 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionThis 4-plex is fully rented with good tenants and in good condition. All units have a garage space. They also have their own washer/dryers, their own meters and there is a big shared courtyard. Close to shopping, parks, schools and bus lines. This cash cow is just waiting to plucked up by the savvy investor.
- Property Type: Quadruplex (4 units)
- Year Built:1956
- Square Footage:3010.00
- Lot Size: 9800.00 SqFt (0.23 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:McLane
- Junior High School:Scandinavian
- Grade School:Birney
- Listing Broker:Jason Gobeli
- Listing Office:Solid Real Estate Solutions
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.