217 W Cherry St
Lancaster, WI 53813

$187,000

  • 3,200
    Square Feet

This 3 unit income property in downtown Lancaster has a commercial space on the main level & 2 residential units on the upper w/nice wood floors. This is a solid brick building & has been well maint w/numerous updates, incl furnace, plumbing, electrical, flooring, etc. The main level commercial space is vacant & could be used for numerous purposes. It has a full bath, an office, as well as a lg storage area. Lg display windows & is very clean. There's a 1 bd unit upstairs occupied, m-to-m. That unit has an open concept w/a nice kit area, liv rm & din area. There is a nice bathroom w/laundry. The other upper space is an efficiency unit w/a...read more full batth. All appl are incl. Rents have been $550-main level commercial unit. $500-upper effic unit & $600-1 bd upper unit. PLUS - Tenants pay $150/month toward utilities, (Total of $450/month). Full basement for storage.

Property Highlights

  • Taxes

    $1,339 Taxes

  • Year Built

    Built in 1890

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