188 Military Road Lancaster, Ontario K0C 1N0
$849,900
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:28469)
Property Details
| MLS® Number | 1414708 |
| Property Type | Multi-family |
| Neigbourhood | Lancaster |
| ParkingSpaceTotal | 5 |
Building
| ConstructedDate | 1905 |
| ExteriorFinish | Aluminum Siding, Brick, Siding |
| StoriesTotal | 3 |
Land
| Acreage | No |
| SizeDepth | 123 Ft |
| SizeFrontage | 47 Ft |
| SizeIrregular | 47 Ft X 123 Ft |
| SizeTotalText | 47 Ft X 123 Ft |
| ZoningDescription | 724 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 23 2024 01:14:16
Cornwall & District Real Estate Board
Century 21 Shield Realty Ltd.