For Sale

Listed by Alex Segal

Source: Wisconsin Real Estate Exchange #804011863532

130 Forest Ave, Fond du Lac, WI, 54935

$1,600,000

28924 sq. ft.
0.64 ac.

MultiFam

•

30+ days on the market

What's around 130 Forest Ave

About this property

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.

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