4 bedrooms 2.0 baths Duplex (2 units) in Fresno, CA
Property DescriptionInvestor Special. Spacious duplex near downtown Fresno. Very desirable location for renters!! Needs some TLC. Seller says property is zoned for 4 plex, Building in the back could be used for storage, work shop or possibly renovated as another unit. Located on a corner lot, 6 foot fence with entrance to backyard and small fence around front. Two car carport, cement. Close to shopping centers, Bus stops, RV Parking.
- Property Type: Duplex (2 units)
- Year Built:1963
- Square Footage:1563.00
- Lot Size: 7500.00 SqFt (0.17 acres)
- Baths:2.00 ()
- School District:Fresno Unified
- High School:McLane
- Junior High School:Yosemite
- Grade School:Rowell
- Listing Broker:Amanda Drexler
- Listing Office:Home Star Real Estate
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.