2.34 Acres, Four Garage Buildings

Investment Opportunity, North Woods Condominiums 2.34 Acres, Four Garage Buildings With 14 Individual Finished Rented Garage Spaces, Howland Twp., Warren City, Trumbull Co.
Live Onsite With Online Bidding Available

Directions: (GPS Use: 3800 Northwoods Ct. NE, Warren, OH) Directions: Take North Rd. north of Market St. to Northwoods Ct. NE and location. Watch for KIKO signs.

Real Estate. 2.34 acres of vacant undeveloped land plus (4) finished garage building structures totaling 14 individual single-car bays with automatic overhead doors and electric. Most currently rented with block foundations, cedar trim and aluminum siding. The three 4-bay units have updated shingles. Great investment opportunity. Owners pay electric, approx. $40 per month. Gross yearly income of $15,960. No HOA fees. A typical garage rents for $95 month which is below market rates and likely can be increased. Most leases are for one year period.

10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.