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$1,450,000
Est. payment /mo
10,454 Sqft Lot
UPDATED:
09/30/2024 05:21 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision G B Foley Farm
MLS Listing ID 5035721
HOA Y/N No
Year Built 1997
Annual Tax Amount $15,328
Tax Year 2023
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Explore a premier investment opportunity with this outstanding multifamily property situated in an excellent location in North Parkersburg, WV. Constructed in 1997, this 11,580 SF building consists of 12 well-maintained units, making it an attractive addition to any rental portfolio. With B-2 zoning, it is suitable for both multifamily and potential commercial purposes, enhancing the flexibility of your investment approach. Currently fully occupied, the property ensures instant income. Its modern construction and stable tenant base contribute to its security and profitability. The apartment building also features a coin-operated laundry, adding convenience for tenants and an additional revenue stream for the owner. Additionally, the property includes two spacious duplexes totaling four units, each with 3 bedrooms, 2.5 baths, a garage, off-street parking, and convenient washer/dryer hookups. This property is ideal for investors looking to grow or diversify their holdings with a dependable, income-generating asset.
Location
State WV
County Wood
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Garage Concrete
Fence None
Water Access Desc Public
Roof Type Asphalt
Present Use Multi-Family
Parking Type Concrete
Total Parking Spaces 20
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Wood-Parkersburg Hs
Others
Tax ID 05-40-000C0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Blaine Ritchie • Coldwell Banker Commercial Select Properties • 304-422-6000 admin@selectpropertiesrealty.com