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151 FOREST Fond du Lac, WI 54935

$275,000
11 Units  |  4,234 Square Feet  |  Multifamily (3+ Unit)   |   MLS # 50273093

Description

A mountain of cashflow awaits! $4,400+ in monthly rents, with room to increase! 11 unit building with 3 apartments and 8 furnished rooms with 2 common bathrooms. Make this a lucrative start to your portfolio, or add it to your existing empire to exponentially increase your monthly cashflows! 2 car detached garage also included for additional storage space or added benefit for your tenants. Dependable occupancy, with 100% occupancy in 2020! On site maintenance for groundskeeping and other day to day tasks allows this to be a stable & more hands off investment. Unit sizes have been estimated, to be verified by buyer if material. Licensed Rooming House with the City of Fond du Lac.

Property Details

General

Total Units: 11

Square Feet: 4,234

Tax Amount: $2,986

Tax Year: 2022

New Construction?: No

Style: 2 Story,Other-See Remarks,Converted/Rooming House

Property Type: Multifamily (3+ Unit)

County: Fond du Lac

Zoning: Commercial

Interior

Total Square Feet: 4,234

Sq. Ft. Above Grade: 4,234

Water Source: Municipal Public Water

Waste: Municipal Sewer

Heating/Cooling: Hot Water/steam

Heating Fuel: Natural Gas

# Garbage Disposals: 0

# Dishwashers: 0

# AC Units: 0

# Furnaces: 1

# Ranges: 2

# Refrigerators: 11

# Water Heaters: 1

Finances

Gross Annual Income: 53,520

Water Expenses: 1,900

Unit #1

Level #: Main

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Total Sq. Feet: 1,050

Monthly Rent: Rent

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #2

Level #: Main

# Bedrooms: 1

# Full Baths: 1

Garage Spaces: Northeast WI MLS

Total Sq. Feet: 700

Monthly Rent: Rent

Monthly Rent Amount: 750

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #3

Level #: Upper

# Bedrooms: 0

# Full Baths: 0

# Half Baths: 0

Total Sq. Feet: 400

Monthly Rent: Rent

Monthly Rent Amount: 470

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #4

Level #: Upper

# Bedrooms: 0

# Full Baths: 0

Total Sq. Feet: 126

Monthly Rent: Rent

Monthly Rent Amount: 330

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Lot / Exterior

Lot Description:

  • Near Bus Line
  • Sidewalk

# Acres: 0.24

Barrier Free Features:

  • 1st Floor Bedroom
  • 1st Floor Full Bath

Schools

School District: Fond du Lac

Listing Broker

Beckman Properties

Directions & Map

South on Main St to Forest Ave, West to address


Listed By: Beckman Properties

This listing was last updated by Beckman Properties on April 17, 2023, 7:43 pm.
Listing has been on the market for 386 days, since April 12, 2023.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Paragon Real Estate Group nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright 2024 RANW MLS. All rights reserved. RANW MLS records were last updated on 05/02/2024 10:15 am.

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