6 bedrooms 4.0 baths Triplex (3 units) in Fresno, CA
Property DescriptionGreat for investment, or live in one unit and rent the other 2. Main home has been split into a duplex with a 2 bd 1 bath unit on the second floor and a 3 bd 2 bath unit on the first floor. It has a second home in the rear of the property that is 1 bd 1 bath with attracted garage. All units have washer and dryer hook ups. Seller has done a lot of renovations on the interior. This is a part of an investors portfolio. Other properties need to close escrow concurrently in the 1031 exchange MLS#'s: 497149, 497157, 497154, 497174, 497155.
- Property Type: Triplex (3 units)
- Year Built:1920
- Square Footage:2987.00
- Lot Size: 6250.00 SqFt (0.14 acres)
- Baths:4.00 ()
- School District:Fresno Unified
- High School:Roosevelt
- Junior High School:Tehipite
- Grade School:Bethune
- Listing Broker:Junus Perry
- Listing Office:Premium Commercial Group
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.