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Off market
  • $171,500

    1223 E Main St, Merrill, WI 54452

    5beds
    3baths
    6,058sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $171,500 Zestimate®
    $28/sqft
    $1,177 Estimated rent

    Home value

    $171,500

    $132,000 - $216,000

    $1,177/mo

    Zestimate® history
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    $1,177/mo

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    What's special

    Investment opportunity; two commercial storefronts w/ 3 rental units above. Located in eastside business district. Currently one business tenant is a thriving hair salon. Opportunity for 2nd storefront.3 rental units have tenants and the units include bedrooms, bath, kitchen, dining & living rms. Potential monthly income of $2,800. The former tanning salon has a commercial heating and cooling unit which is about 6 years old. The current salon has forced air heat installed about 6 years ago. There is central air. In the basement there is a new Modine furnace that was installed in 2014. The 3 apartments have their own electric heat and new hot water heater installed in 2014. The hair salon is about 1008 square feet, and includes a working area for 4 chairs and a bathroom and nail technician area. It is tastefully decorated and there is an adjoining break room. The hair salon fixtures are included in the listing price. Behind the salon is a large storage room and includes a working elevator to the unfinished basement. The storage area on both levels could be leased. The former tanning salon is about 1088 square feet, with three rooms and reception area. The tanning equipment is not included in the list price but could be negotiated. There is about 483 square feet of storage behind. There are three apartments on the upper level. Two apartments include kitchen, living, dining rooms, bathroom and two bedrooms. The third apartment includes kitchen, living, dining rooms, bathroom and one bedroom. Each apartment has their own electrical meter and pays for their use. Currently their leases are month to month. The tenants can park behind the building. This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, subagents or property owner are responsible for the accuracy of the information. Buyers are advised to verify all information.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Interior area
    • Total interior livable area: 6,058 sqft

    Property

    Parking
    • Parking features: Off-street

    Construction

    Type & style
    • Home type: MultiFamily

    Community & neighborhood

    Location
    • Region: Merrill

    Price history

    DateEventPrice
    2/5/2021Sold$79,900-35.6%$13/sqft
    Source: CWMLS #22006860
    12/30/2014Listing removed$124,000$20/sqft
    Source: Park City Realty
    10/8/2014Price change$124,000-3.9%$20/sqft
    Source: Park City Realty
    4/25/2014Listed for sale$129,000$21/sqft
    Source: Park City Realty

    Public tax history

    Tax history is unavailable.

    Neighborhood: 54452

    Nearby schools

    GreatSchools rating
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