$1,550,000

Estimated payment $8,652/month

Total Views 16,647
-- Bed
-- Bath
9,700 Sq Ft
$160 Price per Sq Ft

Highlights

  • City Lights View
  • Heated Floors
  • Deck
  • South Middle School Rated A-
  • 0.23 Acre Lot
  • Traditional Architecture

About This Home

Historic Charm Meets Investment Opportunity – Three Buildings, Nine Units Step into a unique blend of history, modern updates, and income potential with this multi-structure property. Spanning three distinct buildings and offering a total of nine apartment units, this is the perfect opportunity for investors looking to expand their portfolio or those seeking a blend of character and cash flow. Located less than one mile from the Downtown WVU Campus, this property sits on the edge of South Park—a historic neighborhood in Morgantown, WV. With just under 10,000 total square feet, the property features 1-, 2-, and 3-bedroom units, with on-site laundry available to tenants. Modern updates include solid surface counters, laminate flooring, and updated appliances! Offering easy access to Downtown Morgantown, the Personal Rapid Transit (PRT), and the rail trail, these units are ideal for starter rentals or short-term rental opportunities. Whether you're a seasoned investor or just getting started, this unique property offers a rare chance to own a piece of history with modern amenities and steady income potential. Don’t miss out on this multi-unit gem! Call to schedule your appointment today! Tenants require a minimum 24 hour notice. See Agent Remarks.

Listing Agent

CHRISTOPHER DANG

DANG & CO. License #WVB240301012 Listed on: 04/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot
  • Level Lot

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 9,700 Sq Ft Home
  • 2-Story Property
  • Scuttle Attic Hole
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Heated Floors
  • Laminate

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Mountainview Elementary School
  • South Middle School
  • Morgantown High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $10,000
  • Assessor Parcel Number 361, 360

Community Details

Overview

  • 9 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,719

Year Built

Built in 1980

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 125 /129 Park Street
  • Second Address Number: 125 /129
  • Directions: From intersection of High St and Walnut St head southwest towards Pleasant St approx 500 ft, turn left onto Pleasant St approx 300 ft, continue straight on Pleasant St 0.2 Miles then left on Cobun Ave, Approx 120 ft turn left subject buidlings on corner.
  • Geo Longitude: -79.9545300746973
  • Geo Match Code: 3
  • Geo Matched Method: 2
  • Geo Quality: 1
  • Geo Zoom Level: 20
  • List Type: Exclusive Right to Sell
  • Lot Dimension: Irreg
  • Number Of Stories: 2
  • Price per Sq Ft: 159.79
  • OFFICELIST_STATE: WV
  • Street Designation: Street
  • Building Style: Traditional, Victorian, Two Story
  • TaxAmountDollars: 4719
  • Total Sq Ft: 9700
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Concrete Floor, Crawl Space, Exterior Access
  • Kitchen Equipment: Smoke Detectors, Cable Ready, Hot Water Heater Elec., Carbon Monoxide Detectors, High Speed Internet Ready
  • Flooring: Laminate, Wall-to-Wall Carpet
  • Interior Amenities: Electric Dryer Connection, Electric Stove Connection, Gas Stove Connection, Some Window Treatments, Washer Connection
  • Legal Description: BL E, LOT PT 6, ALL 7,8 129 PARK ST ; BL 5, PT LOT 6 305 COBUN AVE
  • Basement Type: 2-4 Family

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Block, Brick, Brick/Vinyl
  • Exterior Features: Balcony, Deck
  • Fence: None
  • Foundation: Block, Concrete
  • Number of Acres: 0.23
  • Roof: Metal, Shingles
  • View: City Lights, Neighborhood
  • Waterfront: None

Garage/Parking

  • Garage Spaces: None
  • Parking: 3+ Cars, Assigned/Reserved, Off-Street Parking

Utilities

  • Cooling: Window Unit(s)
  • Electricity: 200 Amps
  • Heating: Radiant, Floor Heaters, Electric
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Park, Playground, Public Transportation, Shopping/Mall, Other
  • Units in Building: 9
  • Property Description: Corner, Level

Fee Information

  • Tax Class: Multi-Unit/Income

Schools

  • Elementary School: Mountainview Elementary
  • Middle School: South Middle
  • High School: Morgantown High
  • School District: Second Ward
  • Elementary School: Mountainview Elementary
  • High School: Morgantown High
  • Middle School: South Middle

Lot Info

  • Geo Update Timestamp: 2025-04-06
  • Deed Page: 48
  • Parcel #: 361, 360
  • Zoning: Central Business

Rental Info

  • Minimum Deposit: 10000

Tax Info

  • Tax Year: 2024

MLS Schools

  • School County: Monongalia

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $1,550,000 -- $160 / Sq Ft
Source: North Central West Virginia REIN

Source: North Central West Virginia REIN

MLS Number: 10158794

North Central West Virginia REIN