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.
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