8 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionFully occupied 4plex. Each unit has 2 beds, 1 bath with a private patio and a garage. There are 2 laundry rooms. Property has a great location near Fresno State, Fashion Fair and walking distance to shopping and dinning. Great opportunity for first time investor or seasoned investor looking to expand their portfolio. Some rents are low and can be raised for increased ROI. Please do not walk the grounds or disturb the tenants. Please call agent for details
- Property Type: Quadruplex (4 units)
- Year Built:1965
- Square Footage:3240.00
- Lot Size: 8820.00 SqFt (0.20 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:Hoover
- Junior High School:Tioga
- Grade School:Thomas
- Listing Broker:Paul Gestic
- Listing Office:Fresno Income Properties
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.