32 Baird St Morgantown, WV 26505
- Dormitories
- 9,145 SF
- 0.20 lot acres
Current Use by Public Records
- Dormitories
Property Details for 32 Baird St
- Year built
- 2009
- Lot size
- 0.20 lot acres
- Property size
- 9,145 SF
- Property type
- Dormitories
- Property subtype
- Student housing
Description
This exceptional three-story, 9,145-square-foot student housing complex in Morgantown, West Virginia, presents a compelling investment opportunity. Located on a 0.2-acre lot, this property boasts 12 apartments: eleven two-bedroom, two-bathroom units and one one-bedroom, one-bathroom unit. Additionally, a convenient office space with a kitchenette is included. Built in 2009, the building features masonry construction with cement board siding and a composition shingle roof (new in Summer 2023). All units include in-unit laundry, oversized closets, and recent upgrades such as new LVP flooring or tiling, and granite countertops. Exterior improvements also include new exterior doors with keyless entry and updated siding and stone on the first floor. The property benefits from thermal windows, electric heat pumps (FA/CAC), and 24/7 security cameras. Eleven off-street parking spaces are available. Its prime location is a 12-minute walk from West Virginia University's Downtown Campus and the PRT, offering easy access to campus amenities, shopping, and more. The property is conveniently situated near I-79, I-68, and within Morgantown city limits. The crawl spaces have been fully insulated with a water vapor barrier. This meticulously maintained property offers a strong return on investment with its desirable location and recent renovations. The building is zoned B-2 Service Business. The asking price is $1,875,000, representing $156,250 per unit and $205.03 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.9507
- Latitude
- 39.6308
