130 Forest Ave, Fond Du Lac, WI 54935

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 of $1,117,000 you buy the building with ONLY 30pct 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 6 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 rent if full is $265,020/yr.