78 Kingwood Street, Morgantown, WV 26501
sale
$349,900
|
Mixed Use
Courtesy Of Touchdown Home Pros, LLC
Prime Downtown Mixed-Use Investment Opportunity!! Exceptional opportunity to own an income-producing, mixed-use property in a highly desirable downtown neighborhood. The street-level space features a well-established 3-chair hair salon with excellent visibility and strong upside, offering potential rental income of approximately $2,500 per month. The space also has potential to be converted into a business of your choice. Above the commercial space are two beautifully renovated apartments, both currently leased at $1,400 per month, providing immediate and consistent cash flow. The residential units have been thoughtfully updated and remain highly desirable in this sought-after downtown location, close proximity to everything downtown has to offer. Adding to the value are seven off-street parking spaces, a rare downtown amenity, which can be individually leased for an estimated $50-$100 per space per month, creating an additional income stream. With multiple revenue sources, a proven rental history, and a prime location near dining, shopping, and entertainment, this turnkey mixed-use property presents an excellent opportunity for investors or owner-occupants seeking strong returns with future upside!
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Property Features
- Age: Over 50 Years Old
- Amenities: Wired
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Range
- Architecture Style: Other
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Block
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Carpet - Full
- Floor Covering: Carpet
- Floors: 3
- Heating System: Natural Gas
- Legal Description: 55.5X20X11X5.5X66.5' & 44-1/2X66-1/2' 78 KINGWOOD ST
- MLSID: 10163174
- Roof Type: Slate
- Roof Type: Shingle
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