14 contiguous garages. Keep them and convert to condos. A SIMILAR PROJECT OF GARAGES AT 202 S. MADEIRA ST. RECENT BROUGHT 60K FOR A SINGLE GARAGE UNIT. Perhaps you have a better idea for this incredible development opportunity. Can be purchased with 14 more coniguous garages on the next block. Gross annual rents for the combined 28 units is $42,000. Note. these rentals are roughly $130 per unit while Garage rentals in the area generally rent for $160 to $185 dollars per month.
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