$450,000
SOLD JUL 2, 2021

259 S Pinch Rd Elkview, WV 25071

-- Bed
-- Bath
14,850 Sq Ft
0.63 Acres

Recently Sold

$30 Per Sq Ft

10% Below List Price

18 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Garage
  • 5-minute walk to Pinch Park
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Great investment opportunity in Pinch. 13 apartment unit and 1 commercial building. Two 1 Bedroom, 1 bath Units. Three 2 Bedroom, 1 bath Units. Six 2 bedroom, 2 bath Units. If you're looking for value add deal to earn some sweat equity, this is the one. Current GOI $65,000, 75% occupancy, capable of $95K+ at full occupancy.

Last Agent to Sell the Property

Jake Moss

Berkshire Hathaway HS GER License #190300608 Listed on: 05/14/2021

Berkshire Hathaway HS GER

Last Buyer's Agent

Jake Moss

Berkshire Hathaway HS GER License #190300608 Listed on: 05/14/2021

Berkshire Hathaway HS GER

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1986

Lot Details

  • 0.63 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • 14,850 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet

Schools

  • Pinch Elementary School
  • Elkview Middle School
  • Herbert Hoover High School

Utilities

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

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, gas, heat, sewer, water
  • The owner pays for common area maintenance, insurance, management, taxes, trash collection
  • Assessor Parcel Number 15-038B-0086-0002-0000

Community Details

Overview

  • 13 Units

Building Details

  • Gross Income $65,100
  • Net Operating Income $41,100

Property Details

Home Type

Apartment

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.63
  • Lot Size: x x
  • Directions: I-64 to I-79 to Big Chimney Exit, turn right, then cross bridge, turn left onto Indian Creek Road, approx 3.3 miles, slight left onto Pinch Road
  • Garage Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1986
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Owner Pays: Common Area Maintenance, Insurance, Management, Taxes, Trash Collection
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Living Area: 14850.0

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Parking Space(s)

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Pinch
  • High School: Herbert Hoover
  • Middle Or Junior School: Elkview

Lot Info

  • Parcel #: 15-038B-0086-0002-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Air Conditioning, Electricity, Gas, Heat, Sewer, Water

Multi Family

  • Number Of Units Total: 13
  • Annual Gross Income: 65100.0
  • Property Net Operating Income: 41100.0

Tax Info

  • Tax Annual Amount: 6782.0

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
02/20/2024 02/20/24 Sold $675,000 -12.9% $45 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $775,000 +72.2% $52 / Sq Ft
07/02/2021 07/02/21 Sold $450,000 -9.8% $30 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $499,000 -- $34 / Sq Ft
Source: Kanawha Valley Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christina DiFilippo

    Seller's Agent in 2024

    Christina DiFilippo

    Better Homes and Gardens Real Estate Central

    (304) 545-6364

    4 in this area

    360 Total Sales

    Section Image
  • Suzette Pate

    Buyer's Agent in 2024

    Suzette Pate

    RE/MAX

    (304) 542-0983

    1 in this area

    335 Total Sales

    Section Image

  • J

    Seller's Agent in 2021

    Jake Moss

    Berkshire Hathaway HS GER

    Section Image
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Map

Source: Kanawha Valley Board of REALTORS®

MLS Number: 247236

Kanawha Valley Board of REALTORS®

West Virginia Kanawha County Elkview 25071

259 S Pinch Rd, Elkview, WV

This home is located at 259 S Pinch Rd, Elkview, WV 25071 and is currently priced at $450,000, approximately $30 per square foot. This property was built in 1986. 259 S Pinch Rd is a home located in Kanawha County with nearby schools including Pinch Elementary School, Elkview Middle School, and Herbert Hoover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Kanawha Valley Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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