2 bedrooms 2.0 baths Duplex (2 units) in Fresno, CA
Property DescriptionFantastic opportunity to get into the rental business for a very reasonable price surrounded by like and kind properties. This is a C grade or better property with one unit occupied and one unit vacant. Both are 1 bedroom 1 bath and in a desirable rental area, close to parks, shopping, schools and bus lines all very close.
- Property Type: Duplex (2 units)
- Year Built:1950
- Square Footage:1260.00
- Lot Size: 7200.00 SqFt (0.17 acres)
- Baths:2.00 ()
- School District:Fresno Unified
- High School:McLane
- Junior High School:Scandinavian
- Grade School:Birney
- Listing Broker:Michael Garabedian
- 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.