Explore a premier investment opportunity with this outstanding multifamily property situated in an excellent location in North Parkersburg, WV. Constructed in 1997, this 11,580 SF building consists of 12 well-maintained units, making it an attractive addition to any rental portfolio. With B-2 zoning, it is suitable for both multifamily and potential commercial purposes, enhancing the flexibility of your investment approach. Currently fully occupied, the property ensures instant income. Its modern construction and stable tenant base contribute to its security and profitability. The apartment building also features a coin-operated laundry, adding convenience for tenants and an additional revenue stream for the owner. Additionally, the property includes two spacious duplexes, each with 3 bedrooms, 2.5 baths, a garage, off-street parking, and convenient washer/dryer hookups. This property is ideal for investors looking to grow or diversify their holdings with a dependable, income-generating asset.
| Property Type | Multi-Family |
|---|---|
| Property Use | Other Commercial |
| Year Built | 1997 |
| Level Number | 3 |
| Average Floor Size | 4,482 |
| Lot Dimensions | 85x124x85x124 |
| Available Floors | 3 |
| Sub-Lease | 12 |
| Zoning | B-1 |
| Tax Year | 2023 |
| Average Daily Rate | 100 |
| Listing ID | MXCTZ5 |
| MLS ID | 230300901 |
| Style | Multi-Family (5-20 Units) |
| Building Size | 11,580 SF |
| Lot Size | 10553 SF |
| Taxes | $15,328 |
Region: North America
Region: Parkersburg
Region: WV
Region: North Parkersburg
Region: West Virginia
| Parking Places: | 28 |
| Full Bath: | 2 |
| Half Bath: | 1 |
| Sewer: | Public |
| Lot Description: | Level, Access Type - Road |
| Roof: | Asphalt Shingle Roof |
| Appliances: | Range / Oven, Refrigerator |
| Age: | 21-30 Years Old |
| Pre-Wiring: | Cable |
| Lot Size: | Under 1/2 Acre |
| Road Type: | City / Town Street |
| Water: | City Water |