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409 Mclane Avenue, Morgantown, WV 26505

$449,000
  • 409 Mclane Avenue, Morgantown, WV 26505 Main Photo

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Contingent
BEDS8 BATHS8 full SQUARE FEET4,608 MLS#10167021
STATUSContingent PROPERTY TYPEMulti Unit - Multiple

Property Description

Four-unit investment property ideally positioned in Morgantown's Sunnyside neighborhood, centrally located between WVU's Downtown and Evansdale campuses. Each of the four units offers a consistent 2-bedroom, 2-bath layout with an in-unit washer and dryer, while ample off-street parking adds an important advantage in this campus-area location. All four units are currently leased into 2027, providing established income from day one. Tenants are responsible for their individual utilities, with garbage service paid by the property owner. The current owners have completed a number of improvements in recent years, including interior painting, updated flooring, select appliances, HVAC equipment, and laundry equipment. Built in 2001, the property offers a newer alternative to much of the surrounding campus-area multifamily inventory and includes two adjoining parcels. Convenient to both WVU campuses, downtown Morgantown, dining, shopping, entertainment, healthcare, and public transportation. A well-located, income-producing multifamily property with a practical unit configuration in one of Morgantown's established rental areas. Valid Letter of Compliance from City of Morgantown Code Enforcement through June 2028.

409 Mclane Avenue | MLS# 10167021

This multi-family property located at 409 Mclane Avenue, Morgantown, WV 26505 is currently listed for sale with an asking price of $449,000. Search Morgantown real estate on www.pfrealty.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Electric
Heating: Heat Pump, Forced Air, Gas
Home Style: Two Story
Lot Size: 0.20 Acres
Roof Type: Shingles
Stories: 2.0
Year Built: 2001

Units

Unit: 1
Bed: 2
Full Bath: 2
SqFt: 1152
Rent: $1050
Unit: 2
Bed: 2
Full Bath: 2
SqFt: 1152
Rent: $1050
Unit: 3
Bed: 2
Full Bath: 2
SqFt: 1152
Rent: $1050
Unit: 4
Bed: 2
Full Bath: 2
SqFt: 1152
Rent: $1200

Amenities

Electric Stove Connection
Washer Connection
Electric Dryer Connection
Deck

Feature Descriptions

Basement Features: None
Community Amenities: Other
Construction: Frame
Days on Site: 28
Equipment: Smoke Detectors, Cable Ready, Cable Available, Hot Water Heater Elec., Carbon Monoxide Detectors, High Speed Internet Ready, High Speed Internet Avail
Exterior: Vinyl
Lot Features: Corner, Sloping
Parking Notes: Off-Street Parking, Assigned/Reserved
Sewer: City Sewer
Special View Info: City Lights, Neighborhood
Units: 4
Water: City Water
Water Features: Close Proximity

Local Schools

High School: Morgantown High
Middle School: Suncrest Middle
Elementary School: Suncrest Elementary

Listed By / Shown By

Listed By

Agency Name: KLM PROPERTIES, INC
Agent Name: MATT LACY
Agency Phone: 304-296-1533

Shown By

Agency Title: Picket Fences Realty, LLC
Agency Phone: (304) 367-0543

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Estimated Payment

$ 1,130.24 per month $999.28 Principal & Interest $0.00 Property Tax (data not provided by mls) $130.96 Homeowner's Insurance

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