3 bedrooms 3.0 baths Triplex (3 units) in Fresno, CA

$185,000

MLS Number: #494623

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Property Description

Presenting turnkey investment property located in Mayfair District. This corner lot triplex displays pride of ownership, complemented by newer exterior paint and newer windows. Each unit is 1-bed 1-bath just under 600sqft, carpet in the living area, tile in the kitchen and bathroom, wood laminate in the bedroom, with garages. This would make a great addition to any portfolio or you can live in one unit and rent out the other two for income and to cover expenses. With limited inventory this gem wont last long. Please do not disturb the tenants or walk the grounds.

Quick Summary

Overview

Property Type: Triplex (3 units)
Neighborhood:703
Year Built:1952
Square Footage:1782.00
Lot Size: 8400.00 SqFt (0.19 acres)

Interior/Exterior

Baths:3.00 ()

Amenities / Utilities

Assigned Schools

School District:Fresno Unified
High School:McLane
Junior High School:Scandinavian
Grade School:Wishon

Listing Agent

MLS:Fresno
Listing Broker:Paul Gestic
Listing Office:Fresno Income Properties

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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