110 S State Street Merrill, WI 54452
Attention investors, looking to grow your portfolio - this 8-plex offers 6, 576 sq ft with (4) 1-bedroom units, (4) 2-bedroom units (square footages per unit are approximate), a detached 8-car garage with paved parking / gravel lot (2 parking spots per unit - 1 garage spot & 1 exterior spot), seated on a large 0.85 acre lot. Potential opportunity to add more units in the unfinished attic area - huge unfinished space - opportunity to add equity. Great location near downtown Merrill, close to interstate access, and along the paved walking trail along the Wisconsin River. Gross rents are just shy of $5k per month / approx. $59k annually. All units include a refrigerator & range. Some units have been updated with fresh paint / vinyl plank flooring, others offer the opportunity to modernize & yield higher rents. Tenants pay for electricity (separate meters). Clean, walk-out basement with common coin-operated laundry. Roof shingles (approx. 2017). Interior unit photos available in associated documents. Call for more information!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLincoln
- Taxes$7,033
- HOA/Condo/Coop Fees$0
- Days on Site98 Days
- MLS StatusActive
- MLS ID Number22233640
- Home Size Source N/A
- Year Built1895
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking 4 Car
- Sewer Public Sewer
- Property Sub Type Multi Family
- Garage Spaces 8
- Zoning Commercial
Interior Features
- Heating Hot Water
- Appliances RefrigeratorRange/ Oven
- Interior Utility Room
Exterior Features
- Roof Shingle
- Waterfront Property No
- Patio And Porch Porch