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217 W Cherry St Lancaster, WI 53813 • Multi Unit - Multiple • Active

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Description

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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Grant
High School: Lancaster
Listed By:
RE/MAX Preferred Pref: 608-617-2727
SCWMLS

Units

Unit 1:
Bedrooms: 1
Full Baths: 1
Parking Description: 2 Space
Square Feet: 1000
Unit 2:
Bedrooms: 1
Full Baths: 1
Parking Description: 2 Space
Square Feet: 900
Unit 3:
Bedrooms: 1
Full Baths: 1
Parking Description: 2 Space
Square Feet: 400
$187,000
Est. $1,306/mo

Listing Courtesy of: RE/MAX Preferred
Agency Contact: Pref: 608-617-2727
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Active
BEDS0 BATHS MLS#1995302
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLancaster
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Shown By

Bob Case
 (563) 340-7514

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217 W Cherry St, Lancaster, WI 53813.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $187,000$187,000$187,000
Down Payment $37,400$6,545$46,750
Monthly Mortgage Amount $946$1,161$1,174
Taxes $260$260$260
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$82$0
Monthly Estimated Total $1,306$1,603$1,534

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