This is a rare opportunity located right on the main street in Lancaster. The 8-unit building offers 7 spacious residential units and 1 commercial unit. 5x 2Bedroom units and 2x 1Bedroom units. The beautifully updated commercial space presents a world of possibilities, and the residential units offer plenty of upside for increased income. Enjoy strong cash flow and a prime location. The building is located in a high-traffic area with excellent visibility, making it ideal for a variety of businesses. The residential units are in high demand due to their prime location and affordable rent, and the property is well-maintained and has been updated with modern amenities. Don't miss out on this rare opportunity to acquire a high-performing investment property in a desirable location. (id:37684)
MLS® Number | 1414708 |
Property Type | Multi-family |
Neigbourhood | Lancaster |
Parking Space Total | 5 |
Constructed Date | 1905 |
Exterior Finish | Aluminum Siding, Brick, Siding |
Stories Total | 3 |
Acreage | No |
Size Depth | 123 Ft |
Size Frontage | 47 Ft |
Size Irregular | 47 Ft X 123 Ft |
Size Total Text | 47 Ft X 123 Ft |
Zoning Description | 724 |
https://www.realtor.ca/real-estate/27570644/188-military-road-lancaster-lancaster
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