213 Lincoln St Grafton, WV 26354

This exceptional multifamily investment opportunity in Grafton, West Virginia, presents a 4,301 square foot, two-story wood-frame building on a 0.29-acre lot. Built in 1928, the property comprises five fully leased apartment units: two 2-bedroom/2-bathroom units, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. Four off-street parking spaces are available, including a covered garage that can be rented to tenants, with additional street parking. Two units feature large basements, one configured as a workshop/man cave, the other for storage. The property includes some green space suitable for pets, and pets are allowed. Recent improvements include new fascia, soffit, and siding (back roof area, completed May 2024), and a new AC and furnace in unit 5 (August 2024). The property is conveniently located near the downtown/central business district, with easy access to Route 119, E Blumont Street, and Route 50 (less than 500 feet away). An additional 0.10-acre lot adjacent to the property is also available. The asking price is $245,000, representing $49,000 per unit and $56.96 per square foot. There is no zoning restriction on the property. This is a turnkey investment with strong potential for future appreciation.