Do Real Estate on the Go!
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Do Real Estate on the Go!
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$251,900
4 Beds
- 3 Baths
2 full baths + 1 half bath
1,885sqft
1296 Main St, Melvin, MI 48454
$251,900
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Multi Family
Built in 1900
$-- HOA
23,958 sqft lot
$134/sq.ft
Description
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 $581, will increase to $849.75 on 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 i...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
1,885 sqft
Lot Size
23,958 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
50149159
MLS Status
Active
Days on Market
504
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