7 bedrooms 4.0 baths Quadruplex (4 units) in Fresno, CA
Property DescriptionInvestors! Bulk sale of (4) Condos in the Parkland HOA on Clinton Ave. This sale is for Unit #107, #108, #117 & #122. All units are currently occupied by tenants and the total gross rent is currently $2,822/month. Great opportunity to buy (4) units in the same location. The unit mix is as follows: (#107 2/1 888SF APN#442-390-03, #108 1/1 720SF APN#442-390-02, #117 2/1 888SF APN#442-390-17, #122 2/1 888SF APN#442-390-20). Effective Feb 1, 2018: HOA is $206/month/unit for 1 bedroom units and $225/month/unit for 2 bedroom units. HOA covers water, trash, sewer, exterior repairs and landscaping (Buyer to verify).
- Property Type: Quadruplex (4 units)
- Year Built:1990
- Square Footage:3384.00
- Lot Size: 0.00 SqFt (0.00 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:Fresno
- Junior High School:Fort Miller
- Grade School:Fremont
- Listing Broker:Bobby Ward
- 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.