Active

Contingent

1389 University Avenue

Morgantown WV, 26505

$2,890,000


$96.33 per sqft

Active

Contingent

6 Baths

30,000 sqft

Multi-family

Built in 1960

LOCATION, LOCATION, LOCATION! This 26-unit apartment building offers an exceptional investment opportunity in the heart of Downtown Morgantown. The property features a mix of 1, 2, and 3-bedroom units, catering to a diverse tenant base, including students and professionals. With a total area of 30,000 square feet, the building also includes a 10,000-square-foot lower-level retail space. The building's prime location provides easy access to the Downtown WVU Campus, the Personal Rapid Transit (PRT) system, and the scenic Rail-Trail. This property is a unique find combining residential and commercial opportunities in a vibrant, growing community. Call to schedule your appointment today!

10155624

MLS ID

August 2, 2024

Listed

November 22, 2024

Updated

Map

1389 University Avenue
Morgantown WV, 26505

Interior Features

Total Stories

3


Total Bathrooms

6


Full Bathrooms

6


Interior Features

Electric Stove Connection, Washer Connection, Walk-in Closets, All Window Treatments, 9 ft Ceiling, Primary Bath, Full, Walk-Out, Interior Access, Garage Access


Appliances

Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer


Floor Description

Wall-to-Wall Carpet, Ceramic Tile, Concrete, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air, Electric

Exterior/Building Features

Lot Size

0.61 Acres


Exterior Features

Outside Lighting, Fire Escape


Lot Features

None


Architectual Style

Other


Roof

Metal


Sewer

City Sewer, City Water

School Information

High School

University High


Elementary School

Eastwood Elementary

Other Property Details

Area Name

Monongalia/Morgantown


Taxes

$19,018


Tax Frequency

Annually


Association Fee

$26,400


Garage

No


Parking

Other, Assigned/Reserved


View

Yes


View Description

Mountain, City Lights, Lake or River


County

Monongalia


Municipality

1,2,3,4,5


Pool

No


Waterfront

Yes


Zoning

Central Business

Courtesy of DANG & CO.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Morgantown Home Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 WV - North Central West Virginia MLS (NCWV). All rights reserved.

Powered byLuxury Presence