$930,000
$999,900
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1.29 Acres Lot
SOLD DATE : 08/16/2024
Key Details
Sold Price $930,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WVMO2004150
Sold Date 08/16/24
Originating Board BRIGHT
Year Built 1995
Annual Tax Amount $2,351
Tax Year 2022
Lot Size 1.290 Acres
Acres 1.29
Property Description
INVESTMENT PROPERTY PLUS RESIDENCE - This property has two rental buildings containing 11 small rental units and a 3-bedroom 2-bathroom residence. These apartments are currently being rented long term but can become short term rental units if you choose. The main building also includes a laundry room. The two buildings currently generate $10,250.00 per month in rental income. The two buildings have been completely renovated within the last two years to include a new roof on both buildings. The home had a new roof approximately 6 years ago. The 3-bedroom 2-bathroom home plus a loft is also a money-making investment. The home is currently being used as an Airbnb but can become your full-time residence. The house generates an average of $3,000.00 to $4,500.00 per month. This brings your total gross income revenue to $13,250.00-$14,500.00 per month. With a large living room & entertainment room combined there is plenty of space for the whole family. All this is within a couple 100 yards of the Cacapon State Park entrance. Walking distance to swimming, hiking, fishing, boating, horseback riding, skeet shooting and even golf. This is a residence with a turnkey business. Don't miss out.
Due to renters, 48- hour notice is required to visit property. All clients must submit a preapproval or proof of funds before any appointments will be confirmed.
Location
State WV
County Morgan
Zoning 315
Interior
Hot Water Electric
Heating Heat Pump(s), Wall Unit
Cooling Heat Pump(s), Wall Unit, Window Unit(s)
Flooring Vinyl, Luxury Vinyl Plank
Heat Source Electric
Exterior
Garage Spaces 15.0
Utilities Available Cable TV, Phone Available
Waterfront N
Water Access N
Roof Type Metal,Architectural Shingle
Street Surface Black Top
Accessibility None
Road Frontage City/County, Private
Total Parking Spaces 15
Garage N
Building
Lot Description Road Frontage, Unrestricted
Foundation Concrete Perimeter, Crawl Space
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Morgan County Schools
Others
Tax ID 08 1002000000000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Andrew R Fultz • Burch Real Estate Group, LLC
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