Description
OPEN HOUSE TODAY 2/7 from 12-2pm. Ideal Investment Opportunity in the Heart of Morgantown!Welcome to this solid, income-producing duplex situated on a spacious 1/3-acre lot in the center of Morgantown. This well-built stone property features two well-maintained 2-bedroom units, each with private entrances and separate utilities—an excellent setup for owner-occupants or seasoned investors alike.The first-floor unit offers a comfortable living room, eat-in kitchen with laundry, two bedrooms, and a full hall bath. The second-floor unit mirrors the layout with a living room, eat-in kitchen, two bedrooms, a full hall bath, and its own laundry area. Both units are equipped with electric heat pumps and central air, ensuring year-round comfort.Additional highlights include a full unfinished basement with Bilco door for exterior access, off-street parking, (2) 200-amp electric services, public water and sewer, and very low taxes. Tenants pay all utilities, keeping operating costs low and cash flow strong. Current cap rate is an attractive 6.7%.A rare opportunity to acquire a centrally located duplex with strong fundamentals, solid construction, and excellent income potential. Don’t miss this one!
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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
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1,825SQFT
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$178$/SQFT
Description
OPEN HOUSE TODAY 2/7 from 12-2pm. Ideal Investment Opportunity in the Heart of Morgantown!Welcome to this solid, income-producing duplex situated on a spacious 1/3-acre lot in the center of Morgantown. This well-built stone property features two well-maintained 2-bedroom units, each with private entrances and separate utilities—an excellent setup for owner-occupants or seasoned investors alike.The first-floor unit offers a comfortable living room, eat-in kitchen with laundry, two bedrooms, and a full hall bath. The second-floor unit mirrors the layout with a living room, eat-in kitchen, two bedrooms, a full hall bath, and its own laundry area. Both units are equipped with electric heat pumps and central air, ensuring year-round comfort.Additional highlights include a full unfinished basement with Bilco door for exterior access, off-street parking, (2) 200-amp electric services, public water and sewer, and very low taxes. Tenants pay all utilities, keeping operating costs low and cash flow strong. Current cap rate is an attractive 6.7%.A rare opportunity to acquire a centrally located duplex with strong fundamentals, solid construction, and excellent income potential. Don’t miss this one!
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