6 bedrooms 5.0 baths Duplex (2 units) in Madera, CA
Property DescriptionAmazing property with 2 homes, 5.75 acres, close city and freeway access. Home 1- Ranch Style home built in 2006 with 4 large bedrooms, 4 bathrooms, jetted tub in master bath, claw tub in bath 3, granite counters, new stainless steel appliances, interior paint, laminate floor, 3 car garage plus extra bin. Home #2 built in 1955 with 2 bedrooms, 1 bath, large living room, dining room, kitchen with a new roof, new septic, new paint inside and out, new stainless steel appliances and more. This property can be your dream estate with its excellent location about 1 mile from Fwy 99 and Ave 18.5. This home is a homepath property.
- Property Type: Duplex (2 units)
- Year Built:2006
- Square Footage:3810.00
- Lot Size: 250470.00 SqFt (5.75 acres)
- Baths:5.00 ()
- School District:Madera Unified
- High School:Madera
- Junior High School:Martin Luther King
- Grade School:Dixieland
- Listing Broker:Nada Stijovic
- Listing Office:Pro Mr. Z Realty Madera
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.