$55,000

19210 Center St

Wapakoneta OH, 45895

Description

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!

Details

MLS#427384
StyleRetail
Sub-TypeResale
StatusActive
Year1967
Days On Site124

Features

SQ Feet454
Story(s)1

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Area Information

StateOH
CountyAuglaize
CityWapakoneta
Zip Code45895
AreaWapakoneta-Cridersville-Uniopolis-St. Johns
Listing VS Median (in 45895)
Price:
$55,000
low | high
Med:
$145,000
100% of Average
SqFt:
454
low | high
Med:
1,568
100% of Average
$ / SqFt:
$121
low | high
Med:
$92
73.666512059369% of Average
On Site:
124
low | high
Med:
33
100% of Average
Listing Updated: 09/15/2019
MLS Number: 427384
Listing Provided By:
Austin Scott  of  Merritt Real Estate Professionals