1024 Cayton Street, Morgantown, WV 26505

$215,000
1,580
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$215,000
Status
CONTINGENT
Days on Market
157
MLS#
10164543
Style
Raised Ranch, Two Story
Year Built
1920
Living Area
1,580
Acres
0.29

Property Description

TWO INCOME-PRODUCING PROPERTIES NEAR WVU – TURNKEY INVESTMENT OPPORTUNITY Positioned just 0.5 miles from West Virginia University Downtown Campus and the WVU Mountainlair, this rare dual-property package offers immediate cash flow in one of Morgantown’s most desirable rental locations. Perfect for investors seeking consistent income, the offering includes 1024 Cayton Street, a 2-bedroom, 2-bath home leased through May 20, 2027 at $1,200 per month, and 1048 College Avenue, a neighboring 2-bedroom, 1-bath home also leased through May 20, 2027 at $800 per month. With both properties, tenants are responsible for all utilities and lawn care, making them a low-maintenance investment for the owner. Together, the properties generate $2,000 in monthly rental income and boast a strong rental history with long-term leases already in place. Located side-by-side for simplified management and scalability, this package is ideal for student housing or portfolio expansion. Opportunities like this—two adjacent, fully leased properties in close proximity to WVU—are increasingly rare, making this a true turnkey investment with immediate and reliable returns. - Tenants need a minimum of 24hr notice for showings-

Additional Information

Amenities
Other
Interior Features
Electric Stove Connection, Washer Connection, Electric Dryer Connection, Wet Bar, Beamed Ceilings
Exterior Features
Porch, Patio, Deck, Screen Porch
Property Description
Raised Ranch, Two Story
Zoning
Neighborhood Residential
Flooring
Wood, Vinyl, Laminate
Appliances
Range, Dishwasher, Refrigerator
Heating
Forced Air, Gas
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Exterior Construction
Frame, Block
Exterior Features
Wood, Other
Stories
2
Roof
Shingles
Foundation
Block
Parking
1 Car
Elementary School
Eastwood Elementary
Middle School
Mountaineer Middle
High School
University High
View
Neighborhood

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of DESTINY SYLVESTER with BEL-CROSS PROPERTIES, LLC