Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Multi-Family Near Wesleyan College Title is generated by Realmo AI

    113 S Florida Street, Buckhannon, WV 26201

    View on Map
    Claim this Listing
    New
    For Sale
    $265,000

    MULTI_FAMILY - Buckhannon, WV

    Property size:
    2,903 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $91/SF
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 10:06 pm

    Property Features for 113 S Florida Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    General Residential
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Basement
    Parking features
    Off Street
    Patio and Porch features
    Deck, Porch
    Interior features
    Electric Stove Connection, Washer Connection, Electric Dryer Connection, All Window Treatments
    Exterior features
    Porch, Deck, Storm Doors, Landscaped, Outside Lighting, Double Thermo Windows, Fire Escape
    Appliances
    Range, Microwave, Dishwasher, Refrigerator, Dryer
    Standard status
    Active
    Size
    2,903 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOTS 4 & 5 BLK 24 FLORIDA ST 50.0 X 120.0
    Tax Annual Amount
    2220

    Utilities

    Heating system
    Electric (Heating), Hot Water(Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Carpet - Full, Laminate, Wood
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    LAURA RUSMISELL
    LAURA RUSMISELL

    Listing agent LAURA RUSMISELL License #WV0009025

    Listing office COLDWELL BANKER ARMSTRONG-DAVIS REALTY, INC 56 S Kanawha Street, Buckhannon, WV

    Listing date Jun 5, 2026

    MLS# 10155248 Listing URL

    Copyright © 2026 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1910 with frame construction and shingle roof
    • Wrap‑around front porch plus deck, storm doors, and outside lighting
    • Central air cooling; individual thermostat control for each apartment for heat & A/C
    • Renovations by owner in 2011–2013: windows, insulation, heating/cooling systems, electric wiring/box, roof, and kitchen/laundry added to each floor
    • Each unit includes kitchen and laundry connections and appliances: range, microwave, dishwasher, refrigerator, and dryer
    • Off‑street parking and a detached 1‑car garage that could be rented separately

    Overview

    This multi-family property features a beautifully designed house with a wrap-around front porch. Located near Wesleyan College and a short distance from downtown, it contains three rental units that have been renovated and updated with appliances throughout. Each apartment has its own thermostat control for heating and A/C, as well as its own private entry. The third-floor apartment is of newer construction and features an open floor plan. Off-street parking is available, and a detached one-car garage could be rented separately. The owner remodeled the home between 2011 and 2013, including windows, insulation, top-of-the-line heating and cooling systems, electric wiring and box, and a high-endurance roof. A kitchen and laundry were added on each floor. The owner pays for gas, water/sewer, and trash. The lot size is 0.1379 acres, and the property size is 2903 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buckhannon
    County
    Upshur
    State
    West Virginia
    Longitude
    -80.220711
    Latitude
    38.987538

    Nearby Similar for Sale

    • $254,900
      4,250 SF

      Buckhannon Commercial Building on WV-20

      Commercial building with high visibility and equipment included for sale.
      586 WV-20, Buckhannon, WV 26201
      View Details
    • $219,900

      Buckhannon Land with Highway Commercial

      1.5 acres with Highway Commercial zoning and office building.
      2 Island Avenue, Buckhannon, WV 26201
      View Details
    • $250,000
      2,032 SF

      Spacious Duplex on Large Lot

      Income potential duplex on 0.59 acres near town.
      1906 Tallmansville Road, Buckhannon, WV 26201
      View Details
    • $499,000
      8,016 SF

      Buckhannon Retail/Industrial Opportunity

      High-visibility commercial property suitable for various business ventures.
      237 S Kanawha Street, Buckhannon, WV 26201
      View Details
    • $429,000
      1,344 SF

      Buckhannon Retail Opportunity

      Retail property with high traffic and development potential.
      441 Rt. 20 South Road, Buckhannon, WV 26201
      View Details
    • $3,638,250
      11,907 SF

      Buckhannon Walgreens For Sale

      Walgreens operating for 17 years with 2 years remaining.
      71 W Main St, Buckhannon, WV 26201
      View Details
    • $225,000
      2,500 SF

      Buckhannon Mixed-Use Property For Sale

      Mixed-use property in Buckhannon, WV, suitable for storage or lease.
      4647 S Route 20 Highway, Buckhannon, WV 26201
      View Details
    • $429,000

      Commercial Building with Development Potential

      Commercial building suitable for office, daycare, or retail development.
      441 Route 20 South Rd, Buckhannon, WV, 26201-8925
      View Details
    • $1,250,000

      Secluded Lakefront Estate with Vineyard

      Unique lakefront property with vineyard, greenhouse, and income potential.
      1996 Stone Coal Lake Road, Buchannon, WV 26201
      View Details

    FAQs

    What type of property is this?
    Triplex - Three updated rental units near downtown and Wesleyan College.
    Where is this triplex located?
    The property is located at 113 S Florida Street Buckhannon, WV.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: Built in 1910 with frame construction and shingle roof; Wrap‑around front porch plus deck, storm doors, and outside lighting; Central air cooling; individual thermostat control for each apartment for heat & A/C
    (304) 613-8777
    We can help!
    Listing Contact
    LAURA RUSMISELL
    LAURA RUSMISELL
    Real Estate License ID: WV0009025
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    113 S Florida Street, Buckhannon, WV 26201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!