BEDS5
BATHS3 full
SQUARE FEET1,860
MLS#10165059
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
LEASED, FULLY RENOVATED PROPERTY (Completed in 2024) FOR SALE! Prime investment opportunity located just one block from the WVU Downtown Campus! 289 Wiles Street is a beautifully renovated 5-bedroom, 3.5-bath property offering immediate cash flow with a lease already in place through May 20, 2027. Currently generating $3,435/month in rental income, with the owner providing a $500 monthly utility allowance and tenants responsible for any overages. This spacious home has undergone extensive updates, including new siding, new roof, central air installation, updated kitchen and baths, and all-new LVP flooring throughout. The flexible layout offers excellent rental appeal, including a private third-floor suite with its own full bath and a dedicated washer/dryer. An additional washer and dryer are conveniently located on the main level, near the living room and large eat-in kitchen. Enjoy outdoor space from the welcoming front porch, along with convenient street parking. Ideal for investors seeking a turn-key income-producing property or for parents looking to purchase for their WVU student in a high-demand rental location near WVU, restaurants, shopping, and downtown amenities. Tenants need a 24-hour notice for showings.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central Air, Electric
Heating: Electric
Home Style: Traditional
Roof Type: Shingles
Stories: 3.0
Year Built: 1926
Units
Unit: 1
Bed: 5
Full Bath: 3
Half Bath: 1
SqFt: 1860
Rent: $3435
Amenities
Washer Connection
Electric Dryer Connection
Other
Porch
Feature Descriptions
Basement Features: Unfinished, Concrete Floor
Community Amenities: Library, Public Transportation, Other
Construction: Frame, Block
Days on Site: 1
Equipment: Smoke Detectors
Exterior: Vinyl
Lot Features: Sloping, Other
Parking Notes: Street Parking
Sewer: City Sewer
Special View Info: City Lights, Neighborhood
Units: 1
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
Agent Name: DESTINY SYLVESTER
Agency Phone: 304-296-7930
Shown By
Agency Title: Picket Fences Realty, LLC
Agency Phone: (304) 367-0543
Estimate Your Payment
Estimated Payment
$ 818.10 per month $723.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $94.79 Homeowner's Insurance
289 Wiles Street | MLS# 10165059
This multi-family property located at 289 Wiles Street, Morgantown, WV 26505 is currently listed for sale with an asking price of $325,000. Search Morgantown real estate on www.pfrealty.net today.