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Warren,OH 44483
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5087366
Year Built 1991
Annual Tax Amount $1,410
Tax Year 2023
Lot Size 2.340 Acres
Property Description
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. ABSOLUTE AUCTION, all sells to the highest bidder on location. ONLINE BIDDING BEGINS MONDAY, DECEMBER 9, 2024 – 10:00 AM and AUCTION LIVE ON-SITE BIDDING WILL BEGIN WEDNESDAY, DECEMBER 11, 2024, 12:30 PM. 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 are 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 per month which is below market rates and likely can be increased. Most leases are for one year.
Location
State OH
County Trumbull
Interior
Heating None
Cooling None
Schools
School District Howland Lsd - 7808
Others
Special Listing Condition Auction