Cash Flowing Duplex in Fond du lac WI - 3/1- 2/1

Fond du Lac County, Fond du Lac, WI, 54935
Sold
Listed at: March 24th, 2023
Price
$119,000
ARV
$145,000
Gross Margin
$26,000
Sq. Footage
1617
Type
Multifamily
Parking
Driveway
Year build
1896
Lot size
acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

This is an Upper/ Lower Cash Flowing Duplex.


Buy this before it is gone.


There are no duplexes available in Fond du lac under $150,000 when I checked yesterday that don't have offers, this will go Fast.


The upper is rented at $895 which is the 2 bedroom. The lease is in effect until July of this year. Heat and Water is included.


The lower is a 2 bedroom that could be converted into a 3 bedroom.


The average rent on RENTOMETER.com for a 2 bedroom is $892.

The average rent on for a 3 bedroom is $1053.


The roof is old, but there is no leaking.


The lower unit is rent ready now.


So Total rent projection is $1895-$2095.



Note: As per an investor who walked the property. Some knob and tube. As well as an Asbestos roof.



Videos

Outside Video

Inside Video 1

Inside Video 3

Inside Video 2

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brendan R Piper

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Disposition manager