130 Forest Ave Contingent

Fond Du Lac,WI 54935

$ 1780000

- Bed

- Bath

- SqFt


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

Lot Size 0.640 Acres

Property Description

The El Dorado is for sale WITH AN ASSUMABLE 3.7 pct FREDDIE MAC MORTGAGE! The rate is LOCKED until 4/1/2031 for well-qualified buyers. This occupied 28 unit apartment building is in the heart of Fond du Lac, Wisconsin. The large classic brick building features 14 two-bedroom and 14 one-bedroom units, storage lockers, off street parking, and leased coin laundry on the premises. There is plenty of green space with a playground, patio, and the entire vacant lot to the south. Tenants can walk to the YMCA and to the shops and dining on E. Main Street. The units were rehabbed within the past 10 years and there is room for rent growth. Located in a QUALIFIED OPPORTUNITY ZONE. The ASSUMABLE LOAN IS LOCKED AT 3.7 pct through 4/1/2031.

Location

State WI

County Fond Du Lac

Zoning Multi

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

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