BEDS3
BATHS3 full
SQUARE FEET53,976
MLS#10167686
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rare commercial investment opportunity in the heart of Morgantown! Built in 2013/14, this high performing 87 unit multifamily complex offers the ultimate student living experience just a ten minute stroll from West Virginia University's downtown campus. Spanning four adjacent buildings within a single cohesive community, the property features a unit mix consisting of 79 one-bedroom/one-bathroom units and 8 two-bedroom/two-bathroom units, all equipped with convenient in unit washers and dryers. The portfolio includes 36 one bedroom units at 612 Protzman Street, 24 one bedroom units at 7 Glenn Street, 16 one bedroom units at 3 Glenn Street, and 11 total units at 508 Protzman Street, which houses the 8 two bedroom layouts alongside 3 one bedroom units. Furthermore, 508 Protzman features an on site fitness room that presents immediate value add potential for conversion into an additional income producing studio apartment. Complete with off street parking for every single bedroom, this turnkey asset delivers exceptional location, strong tenant appeal, and outstanding revenue generation.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central Heat, Forced Air, Electric
Home Style: Other
Lot Size: 1.50 Acres
Roof Type: Shingles
Stories: 4.0
Year Built: 2013
Units
Unit: 1
Bed: 1
Full Bath: 1
SqFt: 775
Rent: $750
Unit: 2
Bed: 2
Full Bath: 2
SqFt: 1000
Rent: $1000
Amenities
Electric Stove Connection
Electric Dryer Connection
Other
Sprinkler System
Other
Feature Descriptions
Basement Features: None
Community Amenities: Other
Construction: Frame
Days on Site: 8
Equipment: Other, Sprinkler System
Exterior: Vinyl, Other
Lot Features: Level, Other
Parking Notes: Off-Street Parking, Other
Sewer: City Sewer
Special View Info: City Lights, Other
Units: 87
Water: City Water
Local Schools
High School: Morgantown High
Middle School: Mountaineer Middle
Elementary School: Brookhaven Elementary
Listed By / Shown By
Listed By
Agency Name: BLUE SKY REALTY, LLC
Agent Name: ANTHONY DiMATTEIS
Agency Phone: 304-292-7990
Shown By
Agency Title: Picket Fences Realty, LLC
Agency Phone: (304) 367-0543
Estimate Your Payment
Estimated Payment
$ 19,508.56 per month $17,248.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,260.42 Homeowner's Insurance
612 Protzman Street | MLS# 10167686
This multi-family property located at 612 Protzman Street, Morgantown, WV 26505 is currently listed for sale with an asking price of $7,750,000. Search Morgantown real estate on www.pfrealty.net today.