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:50886)
MLS® Number | 1414708 |
Property Type | Multi-family |
Neigbourhood | Lancaster |
ParkingSpaceTotal | 5 |
ConstructedDate | 1905 |
ExteriorFinish | Aluminum Siding, Brick, Siding |
StoriesTotal | 3 |
Acreage | No |
SizeDepth | 123 Ft |
SizeFrontage | 47 Ft |
SizeIrregular | 47 Ft X 123 Ft |
SizeTotalText | 47 Ft X 123 Ft |
ZoningDescription | 724 |
https://www.realtor.ca/real-estate/27570644/188-military-road-lancaster-lancaster
Contact us for more information
Matthew Girgis
Salesperson