7 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionA rare opportunity to begin building your wealth by owning two properties on one block! That's right, now you have a chance to start buying up the block a little at a time with these two excellent duplexes in an even more excellent area. Property 1 is a Duplex on Hedges, both units 2 bed 1 bath with fireplaces and detached garages. Property 2 is a Duplex on a corner lot located on Delno & Hedges, both of which are located in a very popular rental area and always easily rentable.
- Property Type: Quadruplex (4 units)
- Year Built:1948
- Square Footage:1768.00
- Lot Size: 8400.00 SqFt (0.19 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:Fresno
- Junior High School:Fort Miller
- Grade School:Fremont
- 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.