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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:43934)

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

https://www.realtor.ca/real-estate/27570644/188-military-road-lancaster-lancaster

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