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14 N Third St - United States Post Office Bay Springs, MS

3,990 SF Speciality Building Offered at £207,574 at a 6.42% Net Initial Yield in Bay Springs, MS 39422

Investment Highlights

  • County seat post office
  • Long term lease
  • upgrades completed in 2024 of over $54,000

Executive Summary

Bay Springs, MS Post Office for sale. Over $54,000 worth of upgrades to the building by the current owners completed in 2024.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £207,574
Price Per SF £52
Sale Type Investment
Net Initial Yield 6.42%
Property Type Speciality
Property Subtype Post Office
Lot Size 1.20 AC
Building Size 3,990 SF
Number of Floors 2
Year Built/Renovated 1964/2024

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 34111190

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 14 N Third St, Bay Springs, MS 39422

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