217 W Cherry St, Lancaster, WI 53813
Grant County
Key Facts
Listing Courtesy: RE/MAX Preferred - Pref: 608-617-2727
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 Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1890
Lot Size
0.06 acres
Parking Spaces
6
Days on Market
487
MLS® Listing#
1995302
Property Features
Appliances
Basement
Parking
Construction
Sewer
Water Source
Rooms
- 10x10
- 10x12
- Dining Room12x12
- Kitchen12x12
- Living Room20x40
- Living Room12x15
Schools
- Elementary:
- Call School District
- Middle:
- Lancaster
- High:
- Lancaster
- District:
- Lancaster
Financial Details
Annual Taxes
$1,339
Tax year 2024
Assessed Value
$89,100
Directions
Downtown Lancaster, just off the square
Affordability Calculator
$37,980
Estimated monthly payment
$1,011/mo
Principal $151,920 · Est. interest $211,942 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lancaster, WI
- 48
- Median Days on Market
- 1,660
- Median Sq Ft
- $122
- Median Price / Sq Ft
- 8
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Lancaster, WI.
Location
Points of Interest in Lancaster, WI
Showing the Lancaster area map.
Nearby Schools
St Clement School
School · 0.0 mi away
Lancaster Pre-School Nursery
School · 0.2 mi away
Bethlehem E&R Sunday School
School · 0.2 mi away
Winskill Elementary School
Elementary · 0.4 mi away
Lancaster Middle School
Secondary · 0.5 mi away
Lancaster High School
Secondary · 0.5 mi away
Lancaster Community Schools
School · 0.5 mi away
Fennimore Community Schools
School · 9.8 mi away
Fennimore Elementary School
Elementary · 9.9 mi away
Fennimore High
Secondary · 10.1 mi away
Potosi Middle
Secondary · 10.7 mi away
Potosi Elementary School
Elementary · 10.7 mi away
Potosi School District
School · 10.9 mi away
SS Andrew-Thomas School
School · 11.0 mi away
River Ridge Middle School
School · 11.1 mi away
St Mary's School
School · 11.1 mi away
Westview Elementary School
Elementary · 13.2 mi away
Platteville Middle School
Secondary · 14.0 mi away
Platteville Southwest Tech Outreach Center
Secondary · 14.3 mi away
Platteville High School
Secondary · 14.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 901 S Madison Street, Lancaster, WI | $149,000 | 3 | — | 1,225 |
| 117 N Lincoln Street, Lancaster, WI | $155,000 | 2 | — | 1,350 |
| 631 S Tyler Street, Lancaster, WI | $189,000 | 3 | — | 880 |
| 206 N Adams Street, Lancaster, WI | $225,000 | 3 | — | 1,660 |
| 229 N Monroe Street, Lancaster, WI | $245,000 | 5 | — | 3,100 |
