11 bedrooms 7.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionBack On The Market! Wonderful NE Location near Shopping, Schools, Hospital, Freeway access. Desirable 4-Plex, investment opportunity to be sold as is. One tenant has been living here for 22 + years. New roofing, rents are low. Units are in need of updating. Sellers are living out of State and want a quick sale. Priced to sell, possible 1031 Exchange, 3 units are 3 bedrooms 2 baths, 1 unit is 2 bedroom 1 bath.
- Property Type: Quadruplex (4 units)
- Year Built:1981
- Square Footage:4032.00
- Lot Size: 10150.00 SqFt (0.23 acres)
- Baths:7.00 ()
- School District:Clovis Unified
- High School:Clovis West
- Junior High School:Kastner
- Grade School:Lincoln
- Listing Broker:Elaine Colett
- Listing Office:Guarantee Real Estate
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.