This listing is NOT a foreclosure. Attention investors, looking to grow your portfolio - this 8-plex offers 6,576 sq ft with (4) 1-bedroom nits, (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!This MLS Resale home is a commercial property located in MERRILL. It offers 37026 in size, 12 beds and 8 baths. Review its deta
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Property Info
Property ID808119631
MLS Number22233640
Parcel Number251-3106-142-0010
CountyLINCOLN
Bedrooms12
Bathrooms8.0
Property TypeCommercial
Lot Size37026
Total Units8
Total Rooms11
Room ListBedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
AppliancesRange, Refrigerator
HeatingHot Water Heating
Listing StatusActive
Property Brokerage:
Coldwell Banker Action Realty
,
928 GRAND AVENUE,
SCHOFIELD,
WI54476
Copyright © 2024 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.