NOT LISTED FOR SALE

2318 Main St Buffalo, WV 25033

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

Sale Details

Date 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Nov 16, 2023
Sold by
Bought by
Seller's Agent
Kim Jarrouj
EXP REALTY, LLC
Buyer's Agent
Ashley Roberts
Better Homes and Gardens Real Estate Central
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
0.0749%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2020
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$720,000 Best Title
$14,300 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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