Property Description

Excellent investment opportunity in the heart of Morgantown! This income-producing five-unit multifamily property offers a versatile unit mix with separate electric service for each apartment, making utility management convenient for ownership. The property consists of: Unit A: Studio apartment featuring a WI closet, built-in kitchen table, wood cabinetry, gas range, refrigerator, shower stall, and main-level access. Unit B: Two-bedroom, one-bath apartment with wood kitchen cabinetry, gas range, refrigerator, shower stall, and main-level access. Unit C: One-bedroom, one-bath apartment with a shower stall, gas range, refrigerator, and private side entrance. Unit D: One-bedroom, one-bath apartment located on the upper level featuring a tub/shower combination, gas range, and refrigerator. Unit E: One-bedroom, one-bath apartment located at the rear of the building with updated white kitchen cabinetry, shower stall, gas range, and refrigerator. Each apartment is separately metered for electricity, while natural gas and water are serviced through shared meters. Current market rents are approximately $950 per month for the studio and one-bedroom units and approximately $1,100 per month for the two-bedroom unit, offering strong income potential. Conveniently located just minutes from downtown Morgantown, this property provides easy access to major employers, shopping, dining, entertainment, public transportation, and the West Virginia University campus. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this is an opportunity worth exploring.

Property Features

Units

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