1019 Spruce Street
Property Description
Attention Investors! Opportunity to add a low-maintenance income-producing property to your portfolio. This detached garage property offers approximately 2,100 square feet and features six total garage spaces, including five double bays and one single bay. Each bay is separated by durable concrete block walls, providing individual, secure spaces for tenants. All bays are currently rented month-to-month, offering existing rental income and flexibility for future investors. The property is currently not connected to water, sewer, or electric; however, the potential to add utilities may provide an opportunity to enhance the property and potentially increase rental income, subject to applicable approvals and feasibility. A unique investment opportunity with existing tenants, minimal maintenance requirements, and potential for future income growth.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $215,000 |
| No. of Units: | 6 |
| Lot Size: | 2,100.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $35,833 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-LVARPA-784552
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