Merrill, WI 54452,110 S STATE STREET
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Merrill, WI 54452,110 S STATE STREET
Merrill, WI 54452,110 S STATE STREET
Merrill, WI 54452,110 S STATE STREET
Merrill, WI 54452,110 S STATE STREET
Listed by THE SOLOMON GROUP • COLDWELL BANKER ACTION
Bought with THE SOLOMON GROUP

$400,000

Est. payment /mo

$474,900

15.8%
Est.Price: ?

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110 S STATE STREET Merrill, WI 54452

SOLD DATE : 06/17/2024

Key Details

Sold Price $400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Municipality MERRILL

MLS Listing ID 22233640

Sold Date 06/17/24

Year Built 1895

Annual Tax Amount $7,033

Tax Year 2022

Property Description

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!

Location

State WI

County Lincoln

Zoning Commercial

Interior

Interior Features Utility Room

Heating Natural Gas

Cooling Hot Water

Equipment Refrigerator, Range/Oven

Exterior

Exterior Feature Vinyl

Parking Features 4 Car

Garage Spaces 8.0

Utilities Available Separate Electric Meters, Separate Heat, 1 Gas Meter

Roof Type Shingle

Building

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

Elementary Schools Merrill

Middle Schools Merrill

High Schools Merrill

School District Merrill

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Matt Albrecht

Matt Albrecht

Broker | License ID: 58942-90

+1(715) 699-4459

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