Property DescriptionGreat deal with Immediate Income!! Highly desirable duplex in the historic Tower District situated in a good rental area with immediate income. GCR of 8.8% All units are 2/1 and both of them are currently rented. Both units have had recent upgrades including dual pane windows, new carpet and paint before current tenants moved in. Units have completed and passed city inspections and are in compliance. Each unit has a 1 car garage with entrance from the alley. Walking distance to schools, restaurants, entertainment, shopping, parks and transportation. Due to COVID19, please drive by only! Do not disturb the tenants.
- Property Type: Duplex
- Year Built:1964
- Square Footage:1591.00
- Lot Size: 3750.00 SqFt (0.09 acres)
- Baths:2.00 ()
- School District:Fresno Unified
- High School:Fresno
- Junior High School:Fort Miller
- Grade School:Muir
- Listing Broker:Erick Motta
- 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.