608 Tunnelton St, Kingwood, WV 26537
This exceptional investment opportunity presents a four-unit multifamily building located at 608 Tunnelton Street in Kingwood, West Virginia. The property, situated on a 0.34-acre lot just off S Preston Highway, offers 1,260 square feet of living space. Built in 1972, the single-story wood-frame structure features vinyl siding, a shingle roof, and double-hung windows. The building comprises four studio-style units, each with a combined bedroom, living area, kitchenette, and bathroom. All units are currently 100% leased on a month-to-month basis, providing immediate cash flow. Each unit has separate meters. While natural gas may be available in the area, it's not currently connected to the building. The property includes a paved parking lot with space for six vehicles, providing ample off-street parking for tenants. Conveniently located 0.8 miles from Kingwood's Main Street and Route 7, this property offers a strong return on investment with its fully occupied status and desirable location outside the city limits. The property has one point of ingress and egress via Tunnelton Street. There is no zoning for the property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.