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Sold for $2,150,000 on 08/28/24
  • $2,150,000

    301 1st St, Morgantown, WV 26505

    18beds
    14,592sqft
    Multi Family
    Built in 1991
    -- sqft lot
    $2,189,300 Zestimate®
    $147/sqft
    $1,187 Estimated rent

    What's special

    Welcome to The Brick Yard - A premier, multi-unit investment property strategically located in the heart of off campus living - Sunnyside! This 10-unit apartment complex offers a diverse mix of spacious 3-bedroom apartments, designed to cater to a variety of tenants. An investment opportunity you will not want to miss. Apartment features 10 - 3BR units, one 2 BA, three 1 BA and six 1.5BA. All boasting 900 square feet of livings space, some handicap modified, all furnished and conveying that way! 9 units have been re-floored with LVT and are carpet free. All units have been dog free but allow cats. Additional facilities and amenities include a well appointment and decorated office with half bath, on-site laundry facility with commercial washer and dryer units that will convey for tenant use, 19 parking spots - inclusive of 7 covered spots under the building, and a basement shop/maintenance space for the lessor's use, perfect for storage or repairs. Building highlights include a roof that is just at 2 years old providing peace of mind and reduced maintenance costs, separate utilities for each unit, allowing for straightforward management and tenant billing, central air conditioning throughout the entire building, ensuring year-round comfort for your tenants, and a fire and sprinkler system that is inspected annually, adhering to safety regulations and providing added security. All of this and we have yet to mention the location! Located directly across the street from the WVU Honors dorm and The Summit, The Brick Yard is equipped with a steady stream of potential tenants. Parking isn't an issue with this rental property, but those without a vehicle will also love the location catty-corner to the Mountain Line bus pickup, which offers a reliable 10-15 minute pick-up schedule. Of course if your tenants are going downtown, they are within 300 yards of the Life Sciences Building and moments to the WVU Downtown Campus, making it an ideal location for students or faculty. Additional easy access to both the Law School and Medical Campus enhance the property's appeal to a broad range of professionals and graduate/doctoral students. The Brick Yard is an outstanding investment opportunity with its prime location, well-maintained facilities, and strong potential for consistent rental income. Whether you're looking to expand your portfolio or invest in a reliable property, The Brick Yard stands out as a top choice in Morgantown. Can be packaged with mls# 10155051 - 2009 University Avenue. Don't miss out on this exceptional property. Contact us today to schedule a viewing or for more information!

    Zillow last checked: 7 hours ago

    Listing updated: August 28, 2024 at 12:21pm

    Listed by:

    Lindsay Williams 304-685-9959,

    BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY,

    Cala Hayes,

    BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY

    Bought with:

    Destiny Sylvester, WVS190300676

    BEL-CROSS PROPERTIES

    Source: NCWV REIN,MLS#: 10154912MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 9
    • Full bathrooms: 7
    • 1/2 bathrooms: 2
    Basement
    • Level: Basement
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Gas
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Common Area
    Features
    • Other
    • Flooring: Luxury Vinyl Plank, Carpet
    • Basement: Concrete,Garage Access
    • Attic: Other
    Interior area
    • Total structure area: 14,592
    • Total interior livable area: 14,592 sqft
    • Finished area below ground: 6

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3+ Cars, Off Street, Parking Garage
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Handicap Modified
    Features
    • Levels: 3
    • Stories: 3
    • Exterior features: Balcony
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    Lot
    • Size: 6,969 sqft
    • Dimensions: 94 x 80 x 93 x 78
    • Features: Corner Lot, Level
    Details
    • Parcel number: 311200200135000
    • Zoning description: General Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Year built: 1991

    Utilities & green energy

    • Electric: 200 Amps
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Fire Sprinkler System, Fire Escape
    Community
    • Community features: Public Transportation
    Location
    • Region: Morgantown

    HOA & financial

    Other financial information
    • Total actual rent: 9225
    Services availability