Full details for Other For Sale in Urbana, Iowa

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Description

Have you ever wanted an investment property that requires LITTLE to NO WORK?! Look no further, and UNDER $100,000. Post Officeu2019s are hard to come by. Once you own 1, you want them all! The Urbana Post office building is FOR SALE with a signed lease stillto remain for 6 years! 6 YEARS OF PROMISED INCOME. The US Postal Service does 3, 5 year leasing contracts. Direct deposited to YOU every month. Remaining year of 2nd 5 year contract is $5,500 income a year. Remaining 5 years of the 15 year lease is $6,050 a year! The US Postal Service is responsible for all utilities including snow removal and lawn care. Owner of the building pays for any upgrades / fixes needed WITHIN the structure. NOT any postal equipment. Current owner has JUST painted, new flooring, resealed roof, and new ceiling light. Owner only pays for building, taxes, and insurance. Back to listing