Property DescriptionGreat opportunity to obtain farmland with rental income from the house on property, $1,000 per month per seller. Receives CID water per seller. There are 19.66 +/- acres of Cherries planted in 1997 on 20 foot row by 18 foot tree spacing per seller. Varieties are predominately Brooks and Tulare with a few rows of Swanson and Rainier per seller. The orchard has numerous replants and small trees throughout. Average yields from 2014 through 2016 were 649 packed boxes per acre per seller. Ag well has been redone per seller. Also opportunity to purchase adjacent 1 acre parcel with Great home and rental house along with shop on it.
- Property Type: Tree Fruit
- Year Built:1918
- Square Footage:
- Lot Size: 856389.00 SqFt (19.66 acres)
- Baths:1.00 ()
- School District:Sanger
- High School:Sanger
- Junior High School:Washington Academic
- Grade School:Madison
- Listing Broker:Ruth Reisz
- 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.