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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.

Features

28924 sq. ft. floor area
0.64 ac. lot size
Multi-Family

Property history for 130 Forest Ave

2018
Sold
$1,090,000
11 Jun 2018 by Theo Holba

Happy sellers in Fond du Lac

95%
95% of sellers in Fond du Lac reported that their sale price either exceeded or met their price expectations.

Fond du Lac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Fond du Lac over the last 12 months.

Local market activity for multi families in Fond du Lac

In the last 12 months, 39 multi families similar to 130 Forest Ave, have been sold.

This represents a 18% decrease in multi families sales when compared to the previous 12 months.

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