BEDS4
BATHS3 full
SQUARE FEET1,580
MLS#10164543
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
TWO INCOME-PRODUCING PROPERTIES NEAR WVU - TURNKEY INVESTMENT OPPORTUNITY Positioned just 0.5 miles from West Virginia University Downtown Campus and the WVU Mountainlair, this rare dual-property package offers immediate cash flow in one of Morgantown's most desirable rental locations. Perfect for investors seeking consistent income, the offering includes 1024 Cayton Street, a 2-bedroom, 2-bath home leased through May 20, 2027 at $1,200 per month, and 1048 College Avenue, a neighboring 2-bedroom, 1-bath home also leased through May 20, 2027 at $800 per month. With both properties, tenants are responsible for all utilities and lawn care, making them a low-maintenance investment for the owner. Together, the properties generate $2,000 in monthly rental income and boast a strong rental history with long-term leases already in place. Located side-by-side for simplified management and scalability, this package is ideal for student housing or portfolio expansion. Opportunities like this-two adjacent, fully leased properties in close proximity to WVU-are increasingly rare, making this a true turnkey investment with immediate and reliable returns. - Tenants need a minimum of 24hr notice for showings-
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central Air, Ceiling Fan(s), Electric
Heating: Forced Air, Gas
Home Style: Raised Ranch, Two Story
Lot Size: 0.29 Acres
Roof Type: Shingles
Stories: 2.0
Year Built: 1920
Units
Unit: 1
Bed: 2
Full Bath: 2
SqFt: 816
Rent: $1200
Unit: 2
Bed: 2
Full Bath: 1
SqFt: 784
Rent: $800
Amenities
Electric Stove Connection
Washer Connection
Electric Dryer Connection
Wet Bar
Beamed Ceilings
Porch
Patio
Deck
Screen Porch
Feature Descriptions
Basement Features: Finished, Unfinished, Walk-Out, Interior Access, Exterior Access
Community Amenities: Other
Construction: Frame, Block
Days on Site: 8
Equipment: Smoke Detectors, Cable Ready, Carbon Monoxide Detectors
Exterior: Wood, Other
Lot Features: Sloping, No Outlet Street
Parking Notes: 1 Car
Sewer: City Sewer
Special View Info: Neighborhood
Units: 2
Water: City Water
Local Schools
High School: University High
Middle School: Mountaineer Middle
Elementary School: Eastwood Elementary
Listed By / Shown By
Listed By
Agency Name: BEL-CROSS PROPERTIES, LLC
Agency Phone: 304-296-7930
Agent Name: DESTINY SYLVESTER
Shown By
Agency Title: Picket Fences Realty, LLC
Agency Phone: (304) 367-0543
Estimate Your Payment
Estimated Payment
$ 541.21 per month $478.50 Principal & Interest $0.00 Property Tax (data not provided by mls) $62.71 Homeowner's Insurance
1024 Cayton Street | MLS# 10164543
This multi-family property located at 1024 Cayton Street, Morgantown, WV 26505 is currently listed for sale with an asking price of $215,000. Search Morgantown real estate on www.pfrealty.net today.