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3 Beds
3 Baths
1,900 sqft

$184,000

217 W Cherry St, Lancaster WI, 53813

Price per sqft$96.84
Built in1890
Property size1,900 sqft
Property typeMulti-family
Courtesy of RE/MAX Preferred, Scott Schroeder

Overview

Active

Listed Mar 15, 2025

Updated 4 days ago

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 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 full bath. All appl are incl. Rents have been $550-main level commercial unit. $500-upper efficiency unit & $600-1 bd upper unit. PLUS - Tenants pay $150/month toward the utilities, ($450/m total). Full basement for storage.

$1,224/mo

Est. mortgage payment based on a $184,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1995302

Interior Features

Bedrooms
3
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$1,339
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of RE/MAX Preferred, Scott Schroeder

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