Nearby Schools
Per Board Of EdElementary School
GlastonburyHigh School
Description
Charming Investment Opportunity, Post Office and Apartment for Sale. A unique and profitable investment opportunity in the heart of Glastonbury. This property offers not just one, but two lucrative income streams: a fully operational post office and a well-appointed apartment, making it an ideal investment for savvy investors seeking a stable and diverse portfolio. Situated in a bustling neighborhood, this property benefits from a prime location, ensuring a steady flow of customers for the post office. Its convenient accessibility and high visibility make it a favorite spot among locals, guaranteeing the success of the post office that has been here for over 40+ years. The property boasts a fully operational post office, serving the community's mailing needs. In addition to the post office, there is a charming apartment that provides a consistent rental income. The symbiotic combination of these two ventures offers a remarkable 8% cap rate, making it a financially sound investment opportunity. The apartment, with a long term tenant that is currently on a m2m lease occupies a thoughtfully designed and maintained home with exposed stone and beautiful layout., With a reliable tenant base, you can enjoy a predictable revenue stream month after month. The property's layout and amenities make it highly desirable for tenants, ensuring minimal vacancies and maximum returns on your investment.
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Listing Agent: Steven Joseph
Listing Office: William Raveis Real Estate