103 Erin Avenue, Melrose, IA 52569 | Melrose Home For Sale and Real Estate

103 Erin Avenue, Melrose, IA 52569

$60,000   

  • Sold
  • MLS# 20169398
  • Commercial
  • $60,000Listed Price
  • $60,000Sold Price
  • 43Active Days On Market
  • 0Beds
  • 0Baths
  • 2100Sqft
  • Style
  • 0Baths
  • 0Acres
  • 2100Sqft
  • 0Acres
  • MonroeCounty

103 Erin Avenue

Melrose, IA 52569

$60,000


  • Sold
  • MLS# 20169398
  • Commercial
  • Listed Price $60,000
  • Sold on 05/18/2018
  • Active Days on market 43
  • 0Beds
  • 0Baths
  • 2100Sqft
  • Style
  • 0Baths
  • 0Acres
  • 2100Sqft
  • 0Acres
  • MonroeCounty


  • New Listing
  • Price Reduced( )
Melrose, Iowa Post Office and residential property offers excellent cash-flow with modest investment. 15% net return on list price! This one-story, pole building is metal clad with metal roof; attractively landscaped; offers separate parking for post office on the east and apartment on west; covered mail delivery and small loading dock. Postal area includes lobby & large office/mail processing & receiving room, mail box room, bath and small storage room. Three-bedroom apartment on west includes kitchen, living, full bath and laundry room. A front and side deck provide dual entries for the apartment. 24-hour notice is required for showing; post office only available to show about 10 am. Post Office earns $7200/ year; apartment earns $6000/year and both are stable tenants. A small center business space was formally used as salon, is not currently leased, but could provide modest additional income. 15% net return on list price without income from this space!
Subdivision
Bedrooms 0
Bathrooms Full: 0  3/4: 0  Half: 0
Lot Size 0
Lot Style
Style
Taxes(Est) 1038.00
Year Built 1984
Square Footage 2100
Finished Bsmt Sq.Ft.
County Monroe
High School
Foreclosure
Exterior(Est)
Exterior Amenities
Interior Features
Roofing Metal
Water/Sewer
Heat/Cool
Basement
Appliances
No of Fire places
Fireplace
Kitchen/Dining Remarks
Additional Amenities

Listing originally offered by : Nate Ammons, Hawkeye Farm Mgmt & Real Estat
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