This is a fully leased single tenant building with a long term tenancy, on time payment history, and is Federally Guaranteed. The tenant put over $600,000 into the building in 2010 and has a modified net lease as a Head Start school. Landlord responsible for structural. Tenant pays taxes, insurance, utilities, elevator maintenance, alarm, snow removal, lawn care parking lot, landscaping, garbage. Rent has CPI annual increases. Current rent is $120,000 a year with three and a half years remaining on the lease. Exceptionally large lot, over half an acre with playground equipment for the children and large grass area for outdoor play and 14 parking spaces on a macadam lighted lot. The building was built as a school in 1912, is 5,500 square feet two stories, brick and poured concrete with reinforced flooring, partial basement, new sprinkler installed in 2020, new roof in 2020 with guarantee, full kitchen with hood, "on demand" heating system installed in 2019. Tenant is Acelero Learning Center and Head Start, a pre-school. Presented as a 6 cap to an investor that is seeking a long term tenant with a Federal Guarantee that is an asset to the community. Ideal for 1031 investment.