1301 9th St Moundsville, WV 26041-2036

Property Details for 1301 9th St

Year built

1910

Lot size

0.10 lot acres

Property size

2,150 SF

Property type

Investment properties

Property subtype

Live-work space

APN

25-11- 18-0316.0000

APU

25111803160000

Description

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.

Location Insight

City

Moundsville

County

Marshall

State

West Virginia

Longitude

-80.7385

Latitude

39.9167

CBSA code

48540

CBSA name

WHEELING, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments