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110 S State Street
Merrill, WI 54452
MLS #1606269

Multi-Family
  • 8units
$279,900
Est. P&I payment: $1069.03/mo
110 S State Street, Merrill, WI 54452
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Description for 110 S State Street, Merrill, WI 54452
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! Brand new roof (2017), newer roof on garages and several other updates. 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.
MLS #1606269
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My Notes for MLS #1606269

General Features

  • Garage Capacity: 8 or More
  • Number of Units: 8
  • Style: 2 Story
  • Type: Eightplex
  • Unit 1 Bath: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Rooms: 4
  • Unit 2 Bath: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Rooms: 4
  • Unit 3 Bath: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Rooms: 4
  • Unit 4 Bath: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Rooms: 4
  • Unit 5 Bath: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Rooms: 5
  • Unit 6 Bath: 1
  • Unit 6 Bedrooms: 2
  • Unit 6 Rooms: 5
  • Unit 7 Bath: 1
  • Unit 7 Bedrooms: 2
  • Unit 7 Rooms: 5
  • Unit 8 Bath: 1
  • Unit 8 Bedrooms: 3
  • Unit 8 Rooms: 6
  • Waterfront: No
  • Zoning: Multi-Family

Exterior Features

  • Patio/Deck: Deck,​Porch
  • Roof: Shingle

Interior Features

  • Basement: Yes
  • Interior: Ceiling Fan(s),​Walk-In Closet(s)

Utility Features

  • Appliances: Refrigerator,​Range,​Washer,​Dryer
  • Electricity: Separate Meter
  • Fuel Type: Natural Gas
  • Gas: Master Meter
  • Heating Type: Hot Water
  • Laundry: Available On Site
  • Septic Type: City
  • Sewer/Water: Pb Sewer/Pb Water
  • Unit 1 Ref/Rg: Y
  • Unit 2 A/C: Y
  • Unit 2 Ref/Rg: N
  • Unit 3 Ref/Rg: Y
  • Unit 4 Ref/Rg: Y
  • Unit 5 Ref/Rg: Y
  • Unit 6 Ref/Rg: Y
  • Unit 7 Ref/Rg: Y
  • Unit 8 Ref/Rg: Y
  • Utilities - Elec Included: N
  • Utilities - Heat Included: Y
  • Utilities - Sep Elec: Y
  • Utilities - Sep Ht: Y
  • Utilities - Sewer Included: Y
  • Utilities - Water Included: Y
  • Utility Room: Y
  • Water Heater: Natural Gas
  • Water: Meter (s)

Financial Features

  • Foreclosure: No
  • Sale/Rent: For Sale
  • Short Sale: No
  • Tax Amount: $6596
  • Unit 1 Lease: Y
  • Unit 1 Rent: 425
  • Unit 2 Rent: 425
  • Unit 3 Lease: Y
  • Unit 3 Rent: 425
  • Unit 4 Lease: Y
  • Unit 4 Rent: 425
  • Unit 5 Lease: Y
  • Unit 5 Rent: 465
  • Unit 6 Lease: N
  • Unit 6 Rent: 465
  • Unit 7 Lease: Y
  • Unit 7 Rent: 465
  • Unit 8 Lease: Y
  • Unit 8 Rent: 525

Community Features

  • Municipality: Merrill,​ City of

School Features

  • Wausau Area School District: Merrill

Miscellaneous Features

  • Amenities: Smoke Detectors
  • Construction: Vinyl
  • Present Use: Apartments
  • Waterfront Footage: N
  • Listing Brokerage: COLDWELL BANKER ACTION

Location

 
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*See Addendum*
The listing information for 110 S State Street, Merrill, WI 54452 was graciously provided by our friends at the listing brokerage, COLDWELL BANKER ACTION

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P&I Payment $1069.03
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Greater Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Greater Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Listing information courtesy of Central WI Multiple Listing Service, Inc. Copyright © 2003 – 2017 Central Wisconsin Multiple Listing Service, Inc. All rights reserved.
Last Updated 09/26/2017 at 2:24pm
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