Property profile

1301 9th St Moundsville, WV 26041

OFF-MARKET
Investment properties
Property ID
US94-0268864
2,150 SF 0.1 ac lot Built 1910
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This charming two-unit apartment building, located at 1301 9th Street in Moundsville, West Virginia, presents a compelling investment opportunity. Built in 1910, this two-story structure offers approximately 2,000 to 2,150 square feet of living space, currently boasting 100% occupancy. The property generates a strong net operating income (NOI) of $16,200, resulting in an attractive 9.82% capitalization rate. Each of the two units is priced at $82,500, making this an ideal owner-user investment or a solid addition to a rental portfolio. The building is conveniently situated in downtown Moundsville, providing easy access to local shopping, dining, and educational institutions. A valuable on-site garage adds further potential rental income or could be used for storage. The asking price for this turnkey property is $165,000. This represents a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. The property's strong cash flow and prime location make it an excellent investment for both seasoned and novice investors. Don't miss this chance to own a piece of Moundsville's history and secure a promising return on your investment.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 2,150 SF
Lot 0.1 ac (4,487 SF)
APN 25-11- 18-0316.0000
UPID US94-0268864

Cap rate & NOI

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

Location

1301 9th St Moundsville, WV 26041-2036
Moundsville metro Census 21002 WHEELING, WV-OH 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
$345k

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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