West Virginia is known for its natural beauty, friendly communities, and affordable real estate. If you are looking for a great investment opportunity in this charming state, look no further than this West Virginia investment property for sale. Conveniently located near downtown, the WVU main campus, rail trail, shopping, and restaurants, this property offers a mix of commercial and residential spaces, making it an ideal investment for entrepreneurs and property investors.
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This mixed-use property consists of three parcels, each offering unique opportunities for income generation. The first parcel includes a commercial space with apartments above. The main level of the commercial space is currently occupied by a popular brewery, providing a steady stream of customers and a reliable source of rental income. The retail space also features a bar area and three restrooms, one of which is handicap accessible. Additionally, the warehouse space offers approximately 2,210 square feet of versatile storage or additional rental space.
The second level of the property houses four apartment units. These modern and spacious units feature an open concept kitchen with granite countertops, providing a luxurious living experience for tenants. Three of the units are two-bedroom apartments, while the remaining unit offers one bedroom. Each unit has its own washer and dryer, adding convenience and value for tenants. The apartment tenants are responsible for paying their electric utility bills, ensuring a hassle-free rental process for the property owner.
The third parcel of this investment property is a charming three-bedroom, three-bathroom house. The house rental includes the garbage utility, while the tenants are responsible for water, electric, gas, cable, and internet bills. A washer and dryer are conveniently located on the first floor of the property, adding further convenience for tenants. Additionally, a parking permit is included with the lease, providing tenants with easy access to their vehicles.
The location of this investment property is truly unbeatable. With its proximity to downtown, the WVU main campus, the rail trail, shopping centers, and a variety of restaurants, tenants will have everything they need within a short distance. This prime location ensures a high demand for rental units, minimizing vacancy rates and maximizing your investment return.
Whether you are an experienced property investor or a first-time buyer, this West Virginia investment property for sale offers an incredible opportunity to generate income and build equity. With its mix of commercial and residential spaces, convenient location, and modern amenities, this property is sure to attract quality tenants and provide a stable source of rental income. Don’t miss out on this fantastic investment opportunity in the heart of West Virginia.
444 & 460 Brockway Avenue, Morgantown, WV 26505