Remarks

Stable, dual-income investment opportunity featuring a federally leased post office and a separately leased 2-bedroom apartment. This property offers dependable income with built-in upside and recent capital improvements including a new roof, windows, exterior doors and fire escape. (April 2024)

Located in a visible, high-traffic area, the building is leased to the U.S. Postal Service under a government-backed lease and also includes a fully rented one-bedroom apartment—ideal for long-term or short-term rental use.

Income on apartment is $675 per month and current lease is through 3/31/2026
Income on USPS lease is $10,650 annually ($887.50 per month) through 4/30/2025
Income beginning 5/1/2026 $15,300 annually ($1275 per month) through 4/30/2031

Details

MLS#: 1700196
Price: $199,000

Style: Apartment
Year Built: 1910

County: Westmoreland
Lot Size: 0.1653
Tax Fee: 1230