130 Forest Avenue Avenue, Fond Du Lac, WI 54935
- $1,500,000
- 28,924
- SqFt
Listing courtesy of RE/MAX Service First. Selling Office: .
- Sold Price
- $1,500,000
- List Price
- $1,600,000
- Closing Date
- Aug 31, 2026
- MLS#
- 1926531
- Status
- CLOSED
- Year Built
- 1921
- County
- Fond Du Lac
- Municipality
- Fond Du Lac
- Baths Full
- 2
- TotalSqFt
- 28,924
- Acres
- 0.64
Property Description
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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Additional Information
- TotalTaxes
- $31,341
- Parking
- Outdoor Space, Inside Parking, Outside
- Appliances
- Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Water Heater
- Basement
- None / Slab
- Exterior
- Brick/Stone, Brick
- School District
- Fond Du Lac
- High School
- Fond Du Lac
- Courtesy Of
- RE/MAX Service First
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