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314 E Fond Du Lac Street,  Ripon,  WI  54971 $109,900 Sold
314 E Fond Du Lac Street,  Ripon,  WI  54971
$109,900
Sold
More Photos
 Property Type Multi Family
 Parcel # RIP-16-14-21-14-280
 County Fond Du Lac
 Sub Area T24
 Municipality Ripon
 MLS# 1957801
 Listing Date 06/13/2023
 Sold Price $113,000
 Close Date 08/22/2023 12:00 AM

MLS Public Remarks  Excellent investment opportunity! Close to downtown, this 8 unit boarding house has a great rental history and cash flow. The main floor has a shared kitchen and both levels have a full bath. Rooms have dorm sized refrigerators and 7 have sinks. New water heater. Landlord pays for utilities and cable. The lot next to the 3+ car garage is included. Rents vary with each room. See misc. doc's. Room sizes are approximate. This property is being sold as is. Buyer to confirm zoning if important. This property is in a flood plain.
Documents and Related Links  
1) Misc. Doc's
2) NEW disclosure
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Ripon
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 23 From Rosendale Turns Into E Fond Du Lac Street, Property Is On The Right
    • BUILDING INFO  
  • Number of Units  8
  • Year Built  1902
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  0
  • # Stoves  1
  • # Refrigerators  6
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  8
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  13129
  • Net Operating Inc  22751
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Ripon
  • High School  Ripon
  • Middle  Ripon
  • Elementary  BarlowPark
  • Land Assessment  $22,000
  • Improvements  $41,800
  • Total Assessment  $63,800
  • Net Taxes  $1,330
  • Assessment Year  2022
  • Tax Year  2022
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.35
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Refrigerator
  • Unit 2  Refrigerator
  • Unit 3  Refrigerator
  • Unit 4  Refrigerator
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 1 0 0 no lease $240 0 1 Space Yes Yes Yes
    2 1 0 0 no lease $450 0 1 Space Yes Yes Yes
    3 1 0 0 no lease $500 0 1 Space Yes Yes Yes
    4 1 0 0 no lease $400 0 1 Space Yes Yes Yes
    Items Included 6 dorm sized refrigerators, stove/oven, 6 beds
    Items Excluded  Refrigerator in Kitchen and refrigerator in unit 5. Water softener is rented.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Sump pump
    • EXTERIOR FEATURES  
  • Type   2 story
  • Parking per Unit  Detached
  • Barrier-free Features  First floor bedroom, First floor full bath, Level drive, Level lot, Stall shower
  • Exterior  Wood
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Condition report on file, Income/Exp Report Avail
  • Miscellaneous  Internet - Cable, Water Softener Rented



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Better Homes And Gardens Real Estate Special Prope