NOT LISTED FOR SALE

503 E 1st St Unit 503 1/2 E 1st Street Merrill, WI 54452

4 Beds
2 Baths
-- Sq Ft
1895 Built

Last Sold March 18, 2020

Last sale price $85,000

45 Days on Market

Highlights

  • Deck
  • Enclosed Parking
  • Air Conditioning
  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of March 2020

Motivated seller is offering a great investment opportunity on a solid 2-story duplex currenting earning $1,350/month gross income with great tenants that have expressed interest in renewing their leases when they expire in Q4 of 2020. This property is very attractive to tenants because it has everything they need right on site: garage, laundry hook-ups, appliances, storage, etc. The roof was replaced in 2014 and it has forever siding installed which comes with an impressive warranty. New lower..

Last Agent to Sell the Property

TIMOTHY KRETLOW

eXp Realty, LLC License #89443-94 Listed on: 01/04/2020

Last Buyer's Agent

Jacob Mizgalski

eXp Realty, LLC License #87857-94

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Home Design

  • Duplex
  • Shingle Roof
  • Composition Shingle

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Utility Room
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Basement

  • Partial Basement
  • Stone or Rock in Basement

Parking

  • 2 Car Detached Garage
  • Enclosed Parking
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 251-3106-123-0214

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Additional Remarks: unit furnace was installed Feb. 2019 and upper unit furnace is three years old. The refrigerator in the upper unit is new as of March 2019 and the lower unit stove is new as of April 2019. Lower unit has central air. The owner only pays for water/sewer/trash utilities which is about $130/quarter. Tenants pay their electric/gas/heat. Interior photos to come soon! When heading east on 1st, the property is the second house on the right after Pier St. This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor itsagents, sub-agents, or the property owner are responsible for the accuracy of the information. Buyers are advised to verify all information.
  • Age: 51+
  • Class: Multi-Family
  • Lvt Date: 01/08/2020
  • Municipality: Merrill, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1895
  • Construction: Composition
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher
  • Basement: Yes
  • Interior: Ceiling Fan(s), Smoke Detector, Garage Door Opener, Cable Hookup, Window Treatments, Cable/Satellite Available, Carpet, Wood Floors
  • Basement Type: Partial, Stone

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck

Garage/Parking

  • Garage Capacity: 2
  • Parking: Blacktop/Asphalt, Inside Parking, Off Street
  • Garage: Detached

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in All
  • Sewer Included: Y
  • Separate Electricity: Y
  • Separate Heat: Y
  • Water Included: Y

Schools

  • School District: Merrill
  • Wausau Area School Dist: Merrill

Lot Info

  • Lot Size: Irregular
  • Zoning: Residential
  • Present Use: Investment Property
  • Geo Address Line: 503 E 1st St
  • Geo Primary City: Merrill
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: $16,200

Tax Info

  • Tax Amount: $1,623
  • Assessor Parcel Number: 251-3106-123-0214
  • Tax Year: 2019

Multi Family

  • Number Of Units: 2

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $85,000 -22.7% --
02/18/2020 02/18/20 Pending -- -- --
01/04/2020 01/04/20 For Sale $110,000 -- --
Source: Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    TIMOTHY KRETLOW

    eXp Realty, LLC

  • Jacob Mizgalski

    Buyer's Agent in 2020

    Jacob Mizgalski

    eXp Realty, LLC

    (715) 470-4402

    213 Total Sales

    Jacob Mizgalski
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22000123

Central Wisconsin Multiple Listing Service

Wisconsin Lincoln County Merrill 54452

503 E 1st St Unit 503 1/2 E 1st Street, Merrill, WI

This home is located at 503 E 1st St Unit 503 1/2 E 1st Street, Merrill, WI 54452 since 04 January 2020. This property was built in 1895. 503 E 1st St Unit 503 1/2 E 1st Street is a home located in Lincoln County with nearby schools including Merrill High School, Merrill Adult Diploma Academy, and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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