110 South State Street, Merrill, WI 54452 $474,900

110 South State Street, Merrill 8 Units $474,900 ActiveWO

  • Multi-Family
  • Status: ActiveWO
  • Total Number of Units: 8
  • Garage Size: 8.0
  • Garage Type: 4 Car
  • Est. Year Built: 1895
  • Estimated Age: 21+ Years
  • Square Feet: 0
  • Est. Lot Size: 0x0
  • School District: Merrill Area
  • High School: Merrill
  • County: Lincoln
  • Property Taxes: $7,033
  • Property Tax Year: 2022
  • MLS#: 22233640
  • Listing Company: Coldwell Banker Action - Main: 715-359-0521
  • Zip Code: 54452

110 South 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!

Additional Features
  • Heating/Cooling: Hot Water Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Appliances Included: Range/Oven, Refrigerator
  • Misc Interior: Utility Room
  • 2 Story, EightPlex
  • Roof: Shingle
  • Exterior: Porch
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Description: 0x0
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
22233640 ActiveWO Active Mar 15 2024 12:09PM 260
22233640 Oct 4 2023 12:09PM $474,900 $489,900 260
22233640 Sep 20 2023 12:09PM $489,900 $494,900 260
22233640 Sep 6 2023 4:09PM $494,900 $499,900 260
22233640 Active Aug 16 2023 4:09PM $499,900 260
21809229 Active Apr 22 2019 6:09PM $350,000 71
1606269 Expired Active 366
1606269 Active Oct 17 2016 9:09PM $279,900 366

Estimated Monthly Payment

$3,287 per month
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