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About This Home
This 4-bedroom, 3-bathroom residential multi family at 1024 Cayton Street in Morgantown, WV is listed for $215,000 ($136 per sqft). Built in 1920, the home offers 1,580 sqft of living space on a 0.29 acres lot.
TWO INCOME-PRODUCING PROPERTIES NEAR WVU - TURNKEY INVESTMENT OPPORTUNITY Positioned just 0.5 miles from West Virginia University Downtown Campus and the WVU Mountainlair, this rare dual-property package offers immediate cash flow in one of Morgantown's most desirable rental locations.
Perfect for investors seeking consistent income, the offering includes 1024 Cayton Street, a 2-bedroom, 2-bath home leased through May 20, 2027 at $1,200 per month, and 1048 College Avenue, a neighboring 2-bedroom, 1-bath home also leased through May 20, 2027 at $800 per month.
With both properties, tenants are responsible for all utilities and lawn care, making them a low-maintenance investment for the owner. Together, the properties generate $2,000 in monthly rental income and boast a strong rental history with long-term leases already in place.
Located side-by-side for simplified management and scalability, this package is ideal for student housing or portfolio expansion. Opportunities like this-two adjacent, fully leased properties in close proximity to WVU-are increasingly rare, making this a true turnkey investment with immediate and reliable returns. - Tenants need a minimum of 24hr notice for showings-
Key Features
- Built in 1920
- 0.29 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1024 Cayton Street
Morgantown, WV 26505
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 1024 Cayton Street is listed at $215,000 ($136/sqft). The estimated monthly payment is $932 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.29 acre lot, 2 stories. Interior Features: Electric Stove Connection, Washer Connection, Electric Dryer Connection. Exterior Features: Porch, Patio, Deck.
This property is listed by DESTINY SYLVESTER and can be reached at 3046859287 or destiny@belcross.com.








