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Innovative Strategies

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Justin Hennig
Pro Member
  • Investor
  • Minneapolis, MN
11
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59
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Above Garage art studio space for extra income?

Justin Hennig
Pro Member
  • Investor
  • Minneapolis, MN
Posted May 23 2016, 21:48
Have a residential building under contract and the bonus space above the large 3 car garage is awesome but without it it would be a deal breaker. Just not worth it south the extra cash flow. I can get $600/mth to rent to artists / designers / photographers ...without it the deal doesn't make sense. Curious what advice you'd give. Property is not zoned Commercial (zoned for a mulli family resiential) so knowing this, trying to keep my Nose clean w the city!
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