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Listed by RE/MAX Service First

$1,600,000

Est. payment - /mo

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0.64 Acres Lot

Contingent

130 Forest Ave Fond Du Lac, WI 54935

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Key Details

Property Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 1926531

Year Built 1921

Annual Tax Amount $36,942

Tax Year 2024

Contingent With Offer

Lot Size 0.640 Acres

Acres 0.64

Lot Dimensions 0.647 acre

Property Description

28 Units in Downtown Fond du Lac with FANTASTIC FINANCING available to well-qualified Buyers. If you assume the 5-year 3.7 pct Freddie Mac loan for $1,120,000 you buy the building with ONLY 30 pct DOWN on the price of $1,600,000 ! Details of the loan assumption can be found under the Documents tab. The price is only $57,143/unit. There is also about 1.6 pct in loan fees and closing costs that are the buyer's responsibility. There are 14 two-bedroom and 14 1-bedroom units with room to improve rents. Sellers are getting the 6 vacant units rented for you. The building features coin laundry, off-street parking, and large green space. Tenants pay their own electricity. Landlord pays gas heat & hot water.

Location

State WI

County Fond Du Lac

Zoning Multi

Rooms

Basement None

Interior

Heating Hot Water/Steam, Natural Gas

Cooling Hot Water/Steam, Natural Gas

Flooring No

Exterior

Exterior Feature Brick

Parking Features Outdoor Space

Building

Dwelling Type Apartment Building

Water Municipal Sewer, Municipal Water

Schools

High Schools Fond Du Lac

School District Fond Du Lac

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

9

Lakeshore Elementary School

Public | PK - 5
8

Waters Elementary School

Public | PK - 5
6

Fond Du Lac STEM Academy

Public | 3 - 5
6

Rosenow Elementary School

Public | PK - 5
5

Evans Elementary School

Public | PK - 5
5

Chegwin Elementary School

Public | PK - 5
5

Roberts Elementary School

Public | PK - 5
4

Friendship Learning Elementary School

Public | 1 - 5
4

Riverside Elementary School

Public | PK - 5
4

Pier Elementary School

Public | PK - 5
1

Parkside Elementary School

Public | PK - 5
0

St Paul Lutheran School

Private | PK - 8
0

Early Learning Center

Public | PK - KG
0

Redeemer Lutheran School

Private | KG - 8
0

St Peters Lutheran School

Private | KG - 8
0

Trinity Baptist School

Private | PK - 12
0

St Marys Springs Academy

Private | PK - 12
0

Luther Memorial School

Private | KG - 8
0

Fond Du Lac Christian School

Private | PK - 12
0

Faith Lutheran School

Private | PK - 8

Middle Schools 5

7

Theisen Middle School

Public | 6 - 8
6

Sabish Middle School

Public | 6 - 8
5

Bessie Allen Middle School

Public | 6 - 8
5

Woodworth Middle School

Public | 6 - 8
0

Fond Du Lac STEM Institute

Public | 6 - 8

High Schools 3

2

Horace Mann High School

Public | 9 - 12
2

Fond Du Lac High School

Public | 9 - 12
0

Winnebago Lutheran Academy

Private | 9 - 12

School and business data provided by Attom Data.

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Ben Gentile

Broker