110 S STATE ST
MERRILL, WI 54452
$474,900
N/A Beds
0 Baths
6,576 Sq Ft
Status Active Under Contract
MLS# 22233640
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!
Details for 110 S STATE ST
Built in 1895
$72 / Sq Ft
8 parking spaces
Hot Water
277 Days on website
0.85 acres lot