Contact us: 563.441.1776
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
MLS ID: 1995302
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
Listing Courtesy of:
RE/MAX Preferred
Agency Contact: Pref: 608-617-2727
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217 W Cherry St, Lancaster, WI 53813.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $188,000 | $188,000 | $188,000 |
| Down Payment | $37,600 | $6,580 | $47,000 |
| Monthly Mortgage Amount | $938 | $1,152 | $1,171 |
| Taxes | $262 | $262 | $262 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $83 | $0 |
| Monthly Estimated Total | $1,300 | $1,597 | $1,533 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/29/2026. The listing information on this page last changed on 08/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/29/2026 1:29:49 AM EST) or MRED MLS (last updated Sat 08/29/2026 1:22:00 AM EST) or SCWMLS (last updated Fri 08/28/2026 11:56:04 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 08/28/2026 10:15:30 PM EST) or Cedar Rapids MLS (last updated Fri 08/28/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Sat 08/29/2026 1:18:41 AM EST) or ICAAR MLS (last updated Fri 08/28/2026 11:37:37 PM EST) or ECIMLS (last updated Fri 08/28/2026 11:44:33 PM EST) or RMLSA (last updated Sat 08/29/2026 1:10:57 AM EST) or Muscatine MLS (last updated Sat 08/29/2026 1:15:10 AM EST) or No Coast MLS (last updated Sat 08/29/2026 12:44:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright © 2026 South Central Wisconsin MLS Corporation. All rights reserved
Privacy Policy / DMCA Notice / ADA Accessibility
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