130 Forest Ave

Fond du Lac WI 54935

28924 sq. ft.

0.64 ac.

Multi-Family

Currently for sale - view listing

Overview

28 Units in Downtown Fond du Lac with FANTASTIC FINANCING available to well-qualified Buyers. If you assume the 59 month 3.7 pct Freddie Mac loan of $1,113,000 you buy the building with ONLY 31pct DOWN on the price of $1,600,000 ! Price is 14pct BELOW THE ASSESSED VALUE. Details of the loan assumption are under the Documents tab. The price is only $57,143/unit. Buyer pays 1.6pct in loan fees and closing costs. It features 14 two-bedroom and 14 1-bedroom units with room to improve rents. There are 4 vacancies due to management change. The building features coin laundry, off-street parking, and a large green space. Tenants pay their own electricity. Landlord bills tenants for gas heat & hot water. Gross income if full is $268,212/yr.