Stability is key with any investment! This property has been a US Post Office for 5 decades! Currently leased by the USPS for $5,100/year through June of 2020 with a proposed 5 year lease extension on the table! The new rent amount is still to be negotiated which puts you in the driver's seat of maximizing your monthly income! This is a low maintenance investment as well with USPS paying utilities, trash, snow removal, and lawn mowing! Property upgrades: aeration motor 2008, roof 2010, furnace 2016, and spouting 2018. Check out this property today so you can start stacking that paper!
MLS# | 427384 |
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Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1967 |
Days On Site | 211 |
SQ Feet | 454 |
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Story(s) | 1 |
Area Information | |
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State | OH |
County | Auglaize |
City | Wapakoneta |
Zip Code | 45895 |
Area | Wapakoneta-Cridersville-Uniopolis-St. Johns |
Listing VS Median (in 45895) | |
Price: $55,000 low | high Med: $156,000 SqFt: 454 low | high Med: 1,318 $ / SqFt: $121 low | high Med: $123 On Site: 211 low | high Med: 84 |