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Listed by Melissa Wood Homefront Realty
$ 420,000
Est. payment | /mo
6,763 SqFt
$ 420,000
Est. payment | /mo
6,763 SqFt
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,763 sqft
Price per Sqft $62
MLS Listing ID 285562
HOA Y/N No
Annual Tax Amount $2,765
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 158x98x197x195
Property Sub-Type Apartment
Property Description
This fully occupied 7-unit apartment building offers established rental income with potential for future income growth. Six units feature two-story, townhouse-style layouts with 2 bedrooms and 1.5 baths, while the seventh is a single-level 2-bedroom, 1-bath unit. Rents total $4,450/month with several very long-term tenants. There are a couple of recent one year leases and some month-to-month tenants. Each unit has its own central heating and air system, washer/dryer hookups and off-street parking. Tenants pay their own utilities. Several HVAC systems have been replaced in recent years. Conveniently located within walking distance of Hamlin PK-8. 30-35 minutes to Milton, Barboursville and Hurricane.
Location
State WV
County Lincoln
Area Lincoln County
Direction Route 34S to Right on Route3, Right on Baker Street, Apartments are on the right
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Parking Space(s)
Roof Type Composition,Shingle
Building
Dwelling Type Apartment
Schools
Elementary Schools Hamlin
Middle Schools Hamlin
High Schools Lincoln County
Others
Tax ID 03-0003-0075-0001-0000
Nearby Locations
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Brody Nash
REALTOR® Lic# LIC# WV 29516 - OH 2015003349