LOCATION, LOCATION, LOCATION! This 26-unit apartment building offers an exceptional investment opportunity in the heart of Downtown Morgantown. The property features a mix of 1, 2, and 3-bedroom units, catering to a diverse tenant base, including students and professionals. With a total area of 30,000 square feet, the building also includes a 10,000-square-foot lower-level retail space. The building's prime location provides easy access to the Downtown WVU Campus, the Personal Rapid Transit (PRT) system, and the scenic Rail-Trail. This property is a unique find combining residential and commercial opportunities in a vibrant, growing community. Call to schedule your appointment today!
Sold for $2,530,000 on 12/12/24
$2,530,000
1389 University Ave, Morgantown, WV 26505
6beds
30,000sqft
Multi Family
Built in 1960
-- sqft lot
$2,618,600 Zestimate®
$84/sqft
$1,063 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 13, 2024 at 12:46pm
Listed by:
Christopher Dang 304-276-3812,
DANG & CO.
Bought with:
Destiny Sylvester, WVS190300676
BEL-CROSS PROPERTIES
Source: NCWV REIN,MLS#: 10155624

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Basement
- Level: Basement
Heating
- Forced Air, Electric
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Washer Hookup
Features
- 9ft+ Ceiling
- Flooring: Ceramic Tile, Concrete, Laminate, Carpet
- Windows: Window Treatments
- Basement: Full,Garage Access,Interior Entry,Walk-Out Access
- Attic: Pull Down Stairs
Interior area
- Total structure area: 30,000
- Total interior livable area: 30,000 sqft
- Finished area below ground: 4
Property
Parking
- Parking features: Assigned, Other
- Has garage: Yes
Features
- Levels: 3
- Stories: 3
- Exterior features: Lighting
- Fencing: None
- Has view: Yes
- View description: City Lights, Lake or River, Mountain(s), Water
- Has water view: Yes
- Water view: Lake or River,Water
- Waterfront features: River Front
Lot
- Size: 0.61 Acres
- Features: Level, Other, Waterfront
Details
- Parcel number: 1126A000300000000
- Zoning description: Central Business
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Concrete, Metal, Aluminum Siding, Block
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Year built: 1960
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s), Security System, Video/Audio Monitoring, Fire Escape
Community
- Community features: Library, Medical Facility, Park, Pool, Public Transportation, Shopping/Mall, Tennis Court(s)
Location
- Region: Morgantown
HOA & financial
Other financial information
- Total actual rent: 3683