Property DescriptionNice six unit apartment complex with all units occupied. All units have 2 bedrooms/ 1 bathroom. All units occupied with 5 units renting at $675 and 1 unit at $625. Directly across the street from Fremont Elementary School. Units have hard surface flooring through out with carpet only in the bedrooms. Building is equipped with a fire sprinkler system that runs through all the units and just received a five year certification. All units have refrigerators, gas stoves/ovens, affordable evaporator coolers, and gas wall heaters and water heaters.
- Property Type:
- Year Built:1962
- Square Footage:4284.00
- Lot Size: 9800.00 SqFt (0.23 acres)
- Baths:6.00 ()
- School District:Fresno Unified
- High School:Fresno
- Junior High School:Fort Miller
- Grade School:Fremont
- Listing Broker:Joel Saylor
- Listing Office:Cornerstone Realty
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.