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110 S State Street, Merrill, WI 54452

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For Sale

$474,900

12 beds • 8 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Basement
    Rooms

  • Basement
    Amenities

Explore this Property

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!
MLS# 22233640

Courtesy Of Coldwell Banker Action Realty

(715) 359-0521

Property Features

  • Amenities
    Basement
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Hot Water
  • Roof Type
    Composition Shingle
  • Rooms
    Basement, Bedroom, Full Bath

Map and Directions

Directions to 110 S State Street, Merrill, WI 54452

Home seller CENTURY 21 Best Way Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Best Way Realty

(715) 536-9518
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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