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About This Home
This 5-bedroom, 4-bathroom residential multi family at 289 Wiles Street in Morgantown, WV is listed for $325,000 ($175 per sqft). Built in 1926, the home offers 1,860 sqft of living space on a N/A lot.
LEASED, FULLY RENOVATED PROPERTY (Completed in 2024) FOR SALE! Prime investment opportunity located just one block from the WVU Downtown Campus! 289 Wiles Street is a beautifully renovated 5-bedroom, 3.5-bath property offering immediate cash flow with a lease already in place through May 20, 2027.
Currently generating $3,435/month in rental income, with the owner providing a $500 monthly utility allowance and tenants responsible for any overages. This spacious home has undergone extensive updates, including new siding, new roof, central air installation, updated kitchen and baths, and all-new LVP flooring throughout.
The flexible layout offers excellent rental appeal, including a private third-floor suite with its own full bath and a dedicated washer/dryer. An additional washer and dryer are conveniently located on the main level, near the living room and large eat-in kitchen.
Enjoy outdoor space from the welcoming front porch, along with convenient street parking. Ideal for investors seeking a turn-key income-producing property or for parents looking to purchase for their WVU student in a high-demand rental location near WVU, restaurants, shopping, and downtown amenities. Tenants need a 24-hour notice for showings.
Key Features
- Built in 1926
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
289 Wiles Street
Morgantown, WV 26505
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom residential multi family at 289 Wiles Street is listed at $325,000 ($175/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 3 stories. Interior Features: Washer Connection, Electric Dryer Connection. Exterior Features: Porch.
This property is listed by DESTINY SYLVESTER and can be reached at 3046859287 or destiny@belcross.com.
