If owning a post office building with rentals is your dream, here it is!!! This unique property is in the heart of Melvin. Own your own post office building with newly negotiated lease. The lower front unit, which currently is leased to the US Post office for $849.75 last Oct 1 with a five year lease. USPS has been a tenant since 1930....94 years of continuous service! In addition, There are two residential apartments, an upper leased at $625 and lower unit at $700. Both are leased below current market rates due to long term tenants. Apartments are on a month to month contract. Both apartments are 2 bedroom and in well maintained condition. There is a common area that has washer-dryer. Attached garage stores the lawn implements that go with sale. There is a nice storage shed in the spacious back yard that overlooks farm fields. The current owner has put in over 40k in improvements since purchase. Just in the last three years including: New roof for back apartment and Garage, U
Bedrooms4 |
Bathrooms3 |
Square Feet1885 |
Year Built1900 |
If you would like to see this property, please don't hesitate to contact me.
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Robert KeanColdwell Banker Professionals
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Office LocationColdwell Banker Professionals
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