12 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionThese two story 4-plex apartments were remodeled in 2000, and is approximately 4000 sq ft. The lot size is approximately 7600 sq ft. It has 4 separate units, each with 3 bedrooms and 1 bathroom, for a total of 12 bedrooms and 4 bathrooms. Each unit has gas stoves, granite countertops, central AC/heating. There is a covered carport for each unit and room for additional parking. Property is fenced. Current rent is $800.00. All units are rented. The 3 unit townhouses on Chestnut Avenue are for sale next door, make an offer on both for huge discount!
- Property Type: Quadruplex (4 units)
- Year Built:2000
- Square Footage:4500.00
- Lot Size: 7600.00 SqFt (0.17 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:Roosevelt
- Junior High School:Kings Canyon
- Grade School:Olmos
- Listing Broker:David Bezeau
- Listing Office:HomeBay Broker CA. Inc.
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.