$125,000
SOLD DEC 27, 2024

606 Ridge Ave New Cumberland, WV 26047

5 Beds
4 Baths
-- Sq Ft
3,598 Sq Ft Lot

Recently Sold

17% Below List Price

46 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • Wood Siding

About This Home

As of December 2024

Income-Generating 3-Unit Apartment Building & One Bedroom House! An exceptional investment opportunity awaits! This 3-unit apartment building, along with a one-bedroom house on the same property, offers a fantastic rental income potential in a highly convenient location. With several long-term tenants already in place, this property provides steady cash flow. Features include: - **3-Unit Apartment Building**: Spacious and well-maintained units, attracting quality tenants. - ** 1 bedroom house**: Perfect for additional rental income or an on-site property manager. - **Recent Renovations**: A brand new metal roof adds value and longevity to your investment. - **Off-Street Parking**: A valuable amenity that tenants appreciate. - **Tenants Pay All Utilities**: Maximizes your return on investment. Don’t miss this rare opportunity to own a multi-unit property with established rental income and low operating costs. Contact us today to schedule a showing!

Last Agent to Sell the Property

Amy Beaman

JJ Guida Airport Realty Brokerage Email: 304-748-2543 jjguidarealty@jjguidarealty.net License #240300983 Listed on: 09/12/2024

Last Buyer's Agent

Amy Beaman

JJ Guida Airport Realty Brokerage Email: 304-748-2543 jjguidarealty@jjguidarealty.net License #240300983 Listed on: 09/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1920

Lot Details

  • 3,598 Sq Ft Lot

Parking

  • Parking Pad

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number Map N26L 0193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1920
  • Attribution Contact: 304-748-2543 jjguidarealty@jjguidarealty.net
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Unknown
  • Tax Year: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0826
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Hancock WVCSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: Map N26L 0193
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1056.0

Similar Home in New Cumberland, WV

  • 606 Ridge Ave, New Cumberland, WV 26047

    $138,000

    • 5 Beds
    • 4 Baths
    • 2,880 Sq Ft
    • 606 Ridge Ave
    • New Cumberland, WV

    Income-Generating 3-Unit Apartment Building & One Bedroom House! An exceptional investment opportunity awaits! This 3-unit apartment building, along with a one-bedroom house on the same property, offers a fantastic rental income potential in a highly convenient location. With long-term tenants already in place, this property provides steady cash flow. Features include: - **3-Unit Apartment

    Amy Beaman JJ Guida Airport Realty

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $261,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $138,000 +10.4% $48 / Sq Ft
12/27/2024 12/27/24 Sold $125,000 -7.3% --
10/28/2024 10/28/24 Pending -- -- --
10/23/2024 10/23/24 Price Changed $134,900 -10.0% --
09/12/2024 09/12/24 For Sale $149,900 -- --
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

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
2024 $1,094 $33,120 $1,620 $31,500
2023 $1,094 $33,120 $1,620 $31,500
2022 $1,098 $32,820 $1,320 $31,500
2021 $1,075 $32,040 $1,320 $30,720
2020 $1,025 $30,660 $1,200 $29,460
2019 $1,031 $30,480 $1,800 $28,680
2018 $1,004 $29,580 $1,800 $27,780
2017 $975 $28,500 $1,800 $26,700
2016 $974 $28,500 $1,800 $26,700
2015 $815 $27,120 $1,800 $25,320
2014 $815 $25,920 $1,800 $24,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5069978

MLS Now

APN: 05-N26L-01930000