Location, location, location! This duplex is located on the Eastside of Merrill in a desirable area. The home features two bedrooms and one bathroom in each unit. There are two furnaces, two water heaters, separate meters, and a shared laundry room in the basement that includes a washer and dryer for each unit. There is an unheated storage space in the main entry way and to top it all off this duplex also has a three car detached garage. This property has been well maintained and has a partially fenced yard. The lower unit is tenant occupied and the upper unit is vacant and ready for occupancy upon closing.
Investors and owner occupant buyers take note! 4-bedroom house with 2 car garage on a total of 4.59 acres with 6-unit apartment building. 7 sources of income potential. All apartments include a garage, sewer and water. Heat and hot water are currently included in the rent but each unit has its own gas meter for options of tenant paying for heat. The home includes a two-car garage which includes heat, water, septic - all tenant pays electric. Property is located in the town of Pine River, Lincoln County, on a paved county road between Wausau & Merrill. House roof was new in 2016 and the apartment building roof was new in 2021. The apartment building has 7 bedrooms (one unit is a two bedroom, the others are one bedroom units) and 6 bathrooms and the house has 4 bedrooms and 2 bathrooms providing a total of 11 bedrooms and 8 bathrooms. LP Tanks (3 of them) are rented from Ferrel Gas. Gas Meters are in place if the new owner wants to convert to tenant-paid fuel. Additional information and rent rolls available from listing agent or on associated documents.
Investor alert! This duplex has fire damage and will need extensive repairs but if you are looking for a project with lots of value add this might be right for you. Seller is selling as is and will not make any repairs. Unitshad good rental history prior to the fire with separate electrical and gas.
1 story duplex located in Merrill. Front unit has 3 Bedrooms and 1 Bathroom, back unit has 1 Bedroom with a bathroom. Some updates have been done over the past years. Detached 3 car garage. This one wont last long!
3 bedroom main level apartment with large kitchen and basement access. 2 bedroom upper level apartment has large attic/storage area with interior stairway. Newer vinyl plank flooring in most rooms. Separate heat, electric, and water. Parking off the alley to the rear of the home. Enclosed front porch. Nice and roomy keeps long term tenants.,Main level unit is on a lease through 8/31/2024. Upper level is month to month.
This Duplex has over 2000 finished sq. feet! Main floor has 3 bedrooms and around 1244 sq feet of living space, formal dining area, enclosed porch and a deck. Upper unit has 1 bedroom but has 798 sq feet of living space. Upper unit also has been updated the past year to include newer flooring, paining, updating in bathrooms and living room. 2 car detached garage and 80x152 city lot. Good rents with long term tenants in place.
Well kept and long term tenants in this charming well taken care of home. One of the tenants has been living here for over 45 years! Both units have 2 bedrooms, 1 bathroom. Separate gas forced air furnaces, 2 Hot water heaters, separate electricity. Lower unit has central air and a front porch. Attached 2+ car garage. Great investment property with long term tenants in place!
The median home value in Merrill, WI is $250,000. This is higher than the county median home value of $179,300. The national median home value is $338,100. The average price of homes sold in Merrill, WI is $250,000. Approximately 57.14% of Merrill homes are owned, compared to 35.75% rented, while 7.11% are vacant. Merrill real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Merrill real estate agent to arrange a tour today!
Merrill, Wisconsin has a population of 9,344. Merrill is less family-centric than the surrounding county with 23.11% of the households containing married families with children. The county average for households married with children is 23.51%.
The median household income in Merrill, Wisconsin is $46,973. The median household income for the surrounding county is $61,363 compared to the national median of $69,021. The median age of people living in Merrill is 44.1 years.
The average high temperature in July is 79.1 degrees, with an average low temperature in January of 3.2 degrees. The average rainfall is approximately 32.3 inches per year, with 55.1 inches of snow per year.