Property profile

41 Bolton St Romney, WV 26757

OFF-MARKET
Retail space
Property ID
US94-0350809
0.08 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This versatile Romney, WV commercial property, located at 41 S Bolton Street, presents a significant investment opportunity. The 0.08-acre lot features two separate commercial spaces on the main floor, currently generating $1600 monthly rental income. The lower level offers a large open area with partial framing, ready for tenant build-out or owner expansion. Adding to the income potential are two recently remodeled apartments on the upper level, each commanding $800 in monthly rent. Each unit boasts its own separate entrance for maximum privacy and convenience. The property's prime location on Bolton Street ensures high visibility and accessibility. This property is ideal for an investor seeking immediate cash flow with significant upside potential through completion of the lower level and further property enhancements. The existing rental income provides a strong foundation for a solid return on investment. The combination of commercial and residential units offers a diversified income stream, mitigating risk and maximizing profitability. This is a rare opportunity to acquire a multi-faceted property in a desirable location with immediate income generation and substantial growth potential. Don't miss this chance to own a piece of Romney's thriving commercial landscape.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.08 ac (3,441 SF)
APN 14-08- 3-0130.0000
UPID US94-0350809

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

41 Bolton St Romney, WV 26757-1701
Romney metro Census 968500 WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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