NOT LISTED FOR SALE

2318 Main St Buffalo, WV 25033

-- Bed
-- Bath
3,840 Sq Ft
-- Built

Last Sold November 16, 2023

Last sale price $360,000 $94 Per Sq Ft

6 Days on Market

About This Home

As of November 2023

Discover a remarkable investment opportunity with this meticulously newly updated 5-unit apartment complex, ideally situated a mere 1 mile +/- from the bustling Toyota Plant in Buffalo, WV. This prime income-producing property not only offers a strategic proximity to one of the region's major employers, but also provides the convenience of being within easy walking distance to the grocery store & various shops. Its modern upgrades ensure tenant satisfaction while the thriving locale guarantees a steady rental demand. Don't miss your chance to own a turnkey property that seamlessly combines contemporary living with a lucrative investment potential. Current rental income monthly is $4475. Metal roof, high efficiency HVAC system, tankless gas hot water heaters, plumbing, electrical, tubs, vanities, appliances, flooring, fixtures, paint, insulated sheetrock w/ firewalls, windows & building was raised out of flood zone. Certificate from Randolph Engineering. Parking for 10 or so.

Last Agent to Sell the Property

Kim Jarrouj

EXP REALTY, LLC License #0027638 Listed on: 08/10/2023

EXP REALTY, LLC

Last Buyer's Agent

Ashley Roberts

Better Homes and Gardens Real Estate Central License #190300813

Better Homes and Gardens Real Estate Central

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,683

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,840 Sq Ft Home
  • Insulated Windows
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range
  • Dishwasher

Lot Details

  • Lot Dimensions are 104x100x78x102

Schools

  • Buffalo Elementary School
  • G. Washington Middle School
  • Buffalo High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 5 Units
  • Gross Income $4,475

Listing and Financial Details

  • Security Deposit $1,750
  • Tenant pays for air conditioning, electricity, gas, heat, sewer, trash collection, water
  • The owner pays for common area maintenance, insurance, management, taxes
  • Assessor Parcel Number 03-0001-0083-0000-0000

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,683

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 104x100x78x102
  • Subdivision Name: NONE
  • Directions: I64 W to Winfield/ Pt Pleasant exit. Right to 35N, go approx 11.2 miles to WV-817 CONN, Stay on 817 CONN to WV-869, left on 62 go Approx 1.5 miles to 2318 Main.
  • Structure Type: Apartment
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Owner Pays: Common Area Maintenance, Insurance, Management, Taxes
  • Has Basement: None
  • Basement YN: No
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Living Area: 3840.0
  • Window Features: Insulated Windows

Exterior Features

  • Waterfront: No
  • Construction Type: Block, Frame
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, Off Street, Parking Space(s)

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Buffalo
  • High School: Buffalo
  • Middle Or Junior School: G. Washington

Lot Info

  • Parcel #: 03-0001-0083-0000-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Air Conditioning, Electricity, Gas, Heat, Sewer, Trash Collection, Water
  • Security Deposit: 1750.0

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 4475.0

Tax Info

  • Tax Annual Amount: 1683.0
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Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $360,000 -9.8% $94 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $399,000 -- $104 / Sq Ft
Source: Kanawha Valley Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,488 $148,200 $11,280 $136,920
2024 $4,488 $84,900 $11,280 $73,620
2023 $2,338 $40,740 $11,280 $29,460
2022 $2,466 $84,720 $11,280 $73,440
2021 $1,075 $36,780 $8,460 $28,320
2020 $523 $35,820 $8,220 $27,600
2019 $390 $26,400 $7,740 $18,660
2018 $384 $25,980 $7,740 $18,240
2017 $343 $22,980 $6,840 $16,140
2016 $350 $23,460 $6,840 $16,620
2015 $299 $20,460 $6,060 $14,400
2014 $299 $19,860 $6,360 $13,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Kanawha Valley Board of REALTORS®

MLS Number: 266398

Kanawha Valley Board of REALTORS®
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