19210 Center Street, Wapakoneta, OH$50,000
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Myrna GazzerroMyrna Gazzerro Profile PhotoPhone: (937) 426-6060
Cell: (937) 212-8140
Myrna@HomesByMyrna.com
Amanda Moening LogoListing Provided By:
Amanda Moening of Binkley Real Estate LLC
MLS#:1007541
Year:1967
SQ Feet:500
Office SQ Ft:0
Acreage:0.10
Acreage:0
Units:0
Zoning:Commercial
Investment! Investment! Investment! Are you looking for an affordable investment property with low maintenance? This property is what you're looking for. It has been home to a US Post Office for 53 years and offers an amazing return. The USPS is currently leasing until 7/1/2025 and has the option to renew for another 5 years thereafter. With this property you will not have worries with finding tenants or income for at least the next 10 years. That's huge! Updates that have been done: Roof 2010, toilet 2017, furnace 2016, gutters/down spouts/guards 2018/2019. What's really awesome is that the lease provides the owner with $6,600.00 a year the first 5 years and $7,500.00 annually the next 5 years, if renewed. USPS takes care of lawn care, snow removal, trash and utilities. Very affordable and low maintenance. An investors dream. The current owner has enjoyed this property for 16 years and is ready for a new investor to enjoy it.
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