78 Kingwood Street Morgantown, WV 26501

Mixed Use MLS #: 10163174 Courtesy Of Touchdown Home Pros, LLC

Property InformationDescription

Prime Downtown Mixed-Use Investment Opportunity!! Exceptional opportunity to own an income-producing, mixed-use property in a highly desirable downtown neighborhood. The street-level space features a well-established 3-chair hair salon with excellent visibility and strong upside, offering potential rental income of approximately $2,500 per month. The space also has potential to be converted into a business of your choice. Above the commercial space are two beautifully renovated apartments, both currently leased at $1,400 per month, providing immediate and consistent cash flow. The residential units have been thoughtfully updated and remain highly desirable in this sought-after downtown location, close proximity to everything downtown has to offer. Adding to the value are seven off-street parking spaces, a rare downtown amenity, which can be individually leased for an estimated $50-$100 per space per month, creating an additional income stream. With multiple revenue sources, a proven rental history, and a prime location near dining, shopping, and entertainment, this turnkey mixed-use property presents an excellent opportunity for investors or owner-occupants seeking strong returns with future upside!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Wired
  • Appliance: Refrigerator
  • Appliance: Dryer
  • Appliance: Range
  • Architecture Style: Other
  • Building Units: 2
  • Cooling System: Central Air
  • Exterior Type: Block
  • Floor Covering: Vinyl
  • Floor Covering: Laminate
  • Floor Covering: Carpet - Full
  • Floor Covering: Carpet
  • Floors: 3
  • Heating System: Natural Gas
  • Legal Description: 55.5X20X11X5.5X66.5' & 44-1/2X66-1/2' 78 KINGWOOD ST
  • MLSID: 10163174
  • Roof Type: Slate
  • Roof Type: Shingle

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78 Kingwood Street, Morgantown, WV 26501
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