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110 S State Street, Merrill, WI 54452

$279,900

  • For Sale
  • Active
  • Multi-Family
  • 8 Car Garage
110 S State Street, Merrill, WI 54452 View this property at 110 S State Street, Merrill, WI 54452
110 S State Street Merrill WI 54452

Property Description

ATTENTION INVESTORS! Are you looking for a great investment property that offers cash flow? This 8 unit apartment building has many long term tenants and features character and charm throughout! Located just across the street from a school! Units are currently occupied under 1 year leases- however many tenants have been long term tenants. There are (4) 1 BD units ? currently renting for $425/mo, (3) 2 BD units ? currently renting for $465/mo and (1) 3 BD unit ? currently renting for $525/mo.,Heat and water is included in monthly rent. Each tenant can control their own heat and receives a 1 car garage, an additional parking space and a secure storage unit in the attic. Refrigerator and Range included in each unit and a shared coin
operated laundry facilities are located in the lower level. Great income potential ? Monthly rents equal $3620/month!!! Located in a beautiful setting just across from the river! 24 hour notice preferred for showings. Please call for an appointment. Directions: From K take Cty Rd Q into Merrill, Property is on the Left

Full Property Details for 110 S State Street

  • Price: $279,900
  • Taxes: $6,691 (2015)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 1606269
  • Updated: 10/17/2016
  • Added: 46 day(s) ago

Property History

  • 110 S State Street, Merrill, WI
  • Listed at $279,900 on 10/17/16

Interior

  • Interior Features: Ceiling Fan(s), Walk-In Closets, Utility Room, Smoke Detector(s)
  • Appliances: Refrigerator, Range/Oven, Washer, Dryer

Exterior

  • Exterior Features: Deck, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 8
  • Garage Description: 4 Car or More

Location

  • County: Lincoln

School Information

  • School District: Merrill
  • Elementary School: Merrill
  • Middle School: Merrill
  • High School: Merrill

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Hot Water

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer, Master Meter
  • Utility Description: Separate Electric Meters, Separate Heat, 1 Gas Meter

Structural Information

  • Description/Design: EightPlex, 2 Story
  • Exterior Const.: Vinyl
  • Roof: Shingle

Unit Information

  • Units in Building: 8

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $6,691
  • Tax Year: 2015

Listed by COLDWELL BANKER ACTION

See This Home

Estimate the Cost

110 S State Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

110 S State Street, Merrill, WI 54452 (MLS# 1606269) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 110 S State Street is currently listed for $279,900 and was received on October 17, 2016. Want to learn more about 110 S State Street? Do you have questions about finding other Multi-Family real estate for sale in Merrill? You can browse all Merrill real estate or contact a Coldwell Banker agent to request more information.

Listed by COLDWELL BANKER ACTION