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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1 Lowell Drive in Barboursville, WV is listed for $1,650,000. Built in 1978, on a 65.33 acres lot.

Agent Description

Rarely does an investment opportunity of this caliber become available in the Town of Barboursville. This meticulously maintained multi-family property consists of 17 total rental units, including 12 townhomes featuring 2 bedrooms and 1 bathroom, 4 townhomes featuring 2 bedrooms and 1.5 bathrooms, and a separate 3-bedroom, 1.5-bath single-family residence.

The property has remained under the same private ownership since its original construction nearly 50 years ago and has been exceptionally cared for throughout its history. Investors will appreciate the property's history of stable occupancy and strong tenant retention, as well as numerous capital improvements that have already been completed, including HVAC system updates in 2025 and roof replacements.

An additional feature is the 28' x 48' unfinished basement currently utilized for storage and management operations related to the rental units. Beyond the rental income generated by the residential units, the property offers additional revenue opportunities through its private sewer pond system, which currently services and collects annual sewer fees from 14 neighboring residential properties.

Separate tenant billing for trash service may provide further income potential. Combining multiple revenue streams, significant recent improvements, strong historical performance, and a prime Barboursville location, this property represents a truly unique opportunity for investors seeking a legacy asset with long-term stability and upside potential.

Key Features

  • Built in 1978
  • 65.33 acre lot

Property Details

1978

Amenities

A/C

Monthly Cost Estimate

$8,825/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,150
Insurance$481

Estimates only. Actual payments may vary.

Location

1 Lowell Drive

Barboursville, WV 25504

Property Details

Construction

Aluminum

Parking

Off Street

Heating

Electric (Heating)CentralHeat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1 Lowell Drive is listed at $1,650,000. The estimated monthly payment is $7,150 based on 20% down at 6.5% interest.

Key features include: Built in 1978, 65.33 acre lot.

This property is listed by Nick Chapman and can be reached at 3044170082 or nickchapman137@gmail.com.

NC

Nick Chapman

Agent at Impact Realty Group

(304) 417-0082

Listed by Impact Realty Group · View on Broker Site

MLS# 184104· Source: listhub· Updated 1 days ago

Copyright © 2026 Huntington Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1 Lowell Drive, Barboursville, WV 25504

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