Another Property Sold - 683 Route 32, Franklin, CT 06254

by Countryside Realty 12/04/2023

683 Route 32, Franklin, CT 06254
CommercialSold
List Price $159,900
Sold Price $155,000
683 Route 32
Franklin, CT 06254
Courtesy of Performance Realty Group
MLS: Smart MLS
Est. Mortgage
$925/mo

This building is the North Franklin Post Office. Great investment opportunity! There is an active lease with USPS until 2036. The post office pays for heat, all utilities, plowing, property taxes and yard maintenance. Owner pays for building insurance and furnace maintenance. A copy of the lease is available to qualified buyers. Offers may be made subject to review/acceptance of the lease. Current monthly lease amount is 1,041 per month. Increases in 2027 to 13,750 per year, and 15,125 per year in 2032. Agent related to seller. Property is also listed under Residential listing MLS# 170607231.

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