409 McLane Avenue, Morgantown, WV 26505

$449,000
4,608
SqFt

Show Photos

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

List Price
$449,000
Status
ACTIVE
Days on Market
14
MLS#
10167021
Style
Two Story
Year Built
2001
Living Area
4,608
Lot Size
8,799
Acres
0.20

Property Description

Four-unit investment property ideally positioned in Morgantown’s Sunnyside neighborhood, centrally located between WVU’s Downtown and Evansdale campuses. Each of the four units offers a consistent 2-bedroom, 2-bath layout with an in-unit washer and dryer, while ample off-street parking adds an important advantage in this campus-area location. All four units are currently leased into 2027, providing established income from day one. Tenants are responsible for their individual utilities, with garbage service paid by the property owner. The current owners have completed a number of improvements in recent years, including interior painting, updated flooring, select appliances, HVAC equipment, and laundry equipment. Built in 2001, the property offers a newer alternative to much of the surrounding campus-area multifamily inventory and includes two adjoining parcels. Convenient to both WVU campuses, downtown Morgantown, dining, shopping, entertainment, healthcare, and public transportation. A well-located, income-producing multifamily property with a practical unit configuration in one of Morgantown’s established rental areas. Valid Letter of Compliance from City of Morgantown Code Enforcement through June 2028.

Additional Information

Amenities
Other
Interior Features
Electric Dryer Connection, Electric Stove Connection, Washer Connection
Exterior Features
Deck
Property Description
Two Story
Zoning
Two Family & Multi-Family Dwellings
Flooring
Luxury Vinyl Plank, Wall-to-Wall Carpet
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heating
Forced Air, Gas, Heat Pump
Air Conditioning
Ceiling Fan(s), Central Air, Electric
Exterior Construction
Frame
Exterior Features
Vinyl
Stories
2
Roof
Shingles
Foundation
Slab
Parking
Assigned/Reserved, Off-Street Parking
Elementary School
Suncrest Elementary
Middle School
Suncrest Middle
High School
Morgantown High
View
City Lights, 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 MATT LACY with KLM PROPERTIES, INC