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. Investors will appreciate the opportunity to acquire a property with a proven track record of rental income and a thriving post office business. With a return of 7.9%, you can invest with confidence, knowing you are making a sound financial decision that promises both stability and growth. Don't miss out on this rare chance to own a property that not only provides a steady income but also offers potential for future appreciation. Whether you're an experienced investor or a newcomer to the real estate market, 538 Manchester Rd is a smart choice that combines financial security with a touch of community charm. Possibilities for a additional income source with possible 2nd floor rental area if converted to useable space, currently being used as empty prior storage space. Property has been updated throughout the years and went a major renovation about 10 years ago from the previous owner. Seller is a Connecticut licensed real Estate Agent
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
