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Duplex with Bonus Efficiency Sold

  • $83000
  • 4 beds
  • 2 baths
  • 1532 sqft

409 Pennsylvania Ave. Morgantown, WV 26505

Type: Duplex (Zoned for 3 Family with 1/1 Efficiency)
Beds: 4
Baths: 2
Sqft: 1,532
ARV: $190,000
Repair Estimate: $34,000
Asking Price: $83,000
Average Rental Rate:
– 2-Bed Apartment: $938/month
– 1-Bed Efficiency: $677/month

Highlights:
This property offers a unique investment opportunity as a duplex with a bonus 1/1 basement efficiency. The upstairs apartment is nearly turn-key, requiring minimal updates, while the main floor apartment needs mainly cosmetic repairs. With an ARV of $190,000 and a repair estimate of $34,000, this property presents a solid investment with multiple income streams.

Price:
$83000
Address:
409 Pennsylvania Ave
Morgantown, WV 26505
Square Feet:
1532
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1911
Basement:
full

Call 304-244-3048 for more details

Property Location