704 Willey Street, Morgantown, WV 26505

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List Price
$330,000
Status
PENDING
Days on Market
89
Price Change
▼ $20,000 1788487036
MLS#
10165294
Style
Two Story, Historical
Year Built
1925
Living Area
2,988
Acres
0.10

Property Description

Exceptional income-producing multifamily investment opportunity just steps from downtown and campus! This well-maintained property offers four separate rental units with private entrances, providing flexibility for investors and strong appeal for student housing. Featuring a total of 9 bedrooms, 5 bathrooms, approximately 2,988 square feet of living space, and built in 1925, this property combines historic character with modern updates. Currently, all 4 units are leased, providing immediate rental income with additional upside potential. The shared basement includes washer and dryer facilities for tenant convenience. The four-bedroom unit has been updated with a new kitchen, including a dishwasher and stove, along with new bathroom flooring and toilet. Recent exterior improvements include a brand-new sidewalk and new concrete steps leading to the inviting front porch. Each unit features spacious porches, offering attractive outdoor living space for tenants. With its prime location to campus, proximity to downtown amenities, established rental history, and student housing demand, this property presents an outstanding opportunity for investors seeking consistent cash flow and long-term appreciation.

Additional Information

Amenities
Public Transportation
Interior Features
Gas Stove Connection, Washer Connection, Gas Dryer Connection
Exterior Features
Balcony, Double Thermo Windows
HOA Freqency
Yes
Property Description
Two Story, Historical
Zoning
Apartment Residential
Flooring
Luxury Vinyl Plank, Wall-to-Wall Carpet, Wood
Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Heating
Forced Air, Gas
Air Conditioning
Ceiling Fan(s), Central Air, Electric, Gas, Window Unit(s)
Exterior Construction
Brick, Frame, Wood
Exterior Features
Vinyl, Brick/Vinyl
Stories
2
Roof
Shingles
Foundation
Slab, Stone
Parking
Street Parking
Elementary School
North Elementary
Middle School
Mountaineer Middle
High School
Morgantown High
View
Neighborhood

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Listing courtesy of RAFFILENA HAMILTON with GOOD LIFE REALTY LLC