Multifamily For Sale

$250,000

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151 FOREST AVENUE
Fond Du Lac, WI 54935

  • – beds
  • – baths
  • 4,234 sqft
  • 10,019 sqft lot
  • $59 per sqft
  • 1900 build
  • on site

Attention Investors! Supersized 11 unit with (2) private main apartments, (1) efficiency apt with kitchen, and (8) furnished single rooms sharing two common baths ideal for a seasoned investor's portfolio seeking high investment returns. Flex floorplan spacious 2-3 bedroom apartment and east apartment offer separate private entries. Common area screen porch, 2 car garage, and two parking stalls. 47,100 annual rents, 100% occupancy in 2020, and 11% CAP rate. Main tenant responsible for lawn/snow care and has sole basement access. Seller assisted financing may be available to qualified buyers!

Listing courtesy of WIREX_RANW / Klapperich Real Estate, Inc.

Last checked: Checking… • Last updated Aug 2, 2021 •

MLS# 50240999 —

Amenities & Taxes

The Building

Year Built:
1900
Architecture:
Other
Building Type:
2 Story
Total SqFt:
4,234 Sqft
Total SqFt. Source:
Assessor/Public Record
Exterior:
Vinyl
Basement:
Full, Block, Stone

Location

Municipality:
FOND DU LAC
Municipality Type:
City
Latitude:
43.777369497
Longitude:
-88.452870729
Street Name:
FOREST AVENUE

The Property

Property Type:
Multi-Family
Zoning:
Residential
Lot Acreage:
0.23
Acreage Range:
0.0 to .499
Acreage:
< 1/2
Acres Source:
Assessor/Public Record
Water Front:
No

Listing Agent

Contact info:

Taxes

Tax Year:
2020
Total Taxes:
$2,989

Heating & Cooling

Heat Fuel:
Natural Gas
Heating Cooling:
Hot Water/Steam

Utilities

Water Waste:
Municipal Water, Municipal Sewer

Schools

School District:
Fond Du Lac

Parking

Parking:
Outside

Extra Units

Unit 1 Beds:
2
Unit 1 SqFt:
1,000 Sqft
Unit 2 Beds:
1
Unit 2 SqFt:
600 Sqft
Unit 2 Full Baths:
1
Unit 1 Full Baths:
1

Schools

Rating Details

Chegwin Elementary School

  • Public
  • K-5
  • 0.6 mi

Sabish Middle School

  • Public
  • 6-8
  • 1.0 mi

Fond Du Lac High School

  • Public
  • 9-12
  • 2.2 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

Flood likelihood over time

year probability
1y 12%
5y 54%
10y 76%
15y 87%
20y 93%
25y 96%
30y 98%

Because risk accumulates over time, this property has a 98% chance of flooding within the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X500, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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WalkScore®

Provided by WalkScore® Inc.

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Sale history

Date Event Source Price % Change
5/27/21
Listed / Active WIREX_RANW $250,000

Finding records…

No additional history available

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151 FOREST AVENUE
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