Property profile

185 Middleway Pike Inwood, WV 25428

FOR SALE
Land
Property ID
US94-1195417
0.44 ac lot
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185 Middleway Pike, Inwood, WV 25428
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Property summary

AI-generated overview

This exceptional investment opportunity presents a rare chance to acquire a charming multifamily property situated on a highly visible 0.44-acre lot at 185 Middleway Pike in Inwood, West Virginia. The property boasts two separate residential units, strategically located between Route 11 and the new Inwood bypass, ensuring high traffic visibility and excellent accessibility. The main house, a 3-bedroom, 1-bathroom structure built in 1920, is currently leased and provides consistent rental income. Public utilities serve this established residence. Complementing the main house is a 2-bedroom, 2-bathroom mobile home constructed in 1994, also generating rental income and connected to public utilities. This dual-unit setup offers a diversified income stream and significant potential for future growth. The combined asking price for this lucrative investment is $250,000, representing a compelling price per unit of $125,000. Located in Berkeley County, zip code 25428, this property presents a unique blend of historical charm and modern convenience, making it an ideal addition to any investment portfolio. Don't miss this opportunity to secure a high-yield, multifamily property in a prime West Virginia location.

Property profile

Verified
Property type Land
Lot 0.44 ac (19,166 SF)
UPID US94-1195417

Cap rate & NOI

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

Location

185 Middleway Pike Inwood, WV 25428
Inwood metro
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Value estimations

Realmo proprietary · 4 methods
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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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