9 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA

$350,000

MLS Number: #494199

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Property Description

Wonderful 4-plex ideally and conveniently located near shoping, banking and medical offices. Excellent condition. There's space to raise the rents and improve your investment.

Quick Summary

Overview

Property Type: Quadruplex (4 units)
Neighborhood:630
Year Built:1978
Square Footage:2993.00
Lot Size: 7800.00 SqFt (0.18 acres)

Interior/Exterior

Baths:4.00 ()

Amenities / Utilities

Assigned Schools

School District:Kerman
High School:Kerman
Junior High School:Kerman
Grade School:Kerman-Floyd

Listing Agent

MLS:Fresno
Listing Broker:Brian Ellsworth
Listing Office:The Boyd Company

General Amenities

Solar
Tennis Court

Financing

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.

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