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289 Wiles Street, Morgantown, WV 26505

$325,000
SQUARE FEET 1,860
MLS# 10165059
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STATUS: New
PROPERTY TYPE: Multi Unit - Multiple

Property Description

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.

289 Wiles Street | MLS# 10165059

This multi-family property located at 289 Wiles Street, Morgantown, WV 26505 is currently listed for sale with an asking price of $325,000. Search Morgantown real estate on www.wvheritagerealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central Air, Electric
Heating: Electric
Home Style: Traditional
Roof Type: Shingles
Stories: 3.0
Year Built: 1926

Amenities

Washer Connection
Electric Dryer Connection
Other
Porch

Feature Descriptions

Basement Features: Unfinished, Concrete Floor
Community Amenities: Library, Public Transportation, Other
Construction: Frame, Block
Days on Site: 1
Equipment: Smoke Detectors
Exterior: Vinyl
Lot Features: Sloping, Other
Parking Notes: Street Parking
Sewer: City Sewer
Special View Info: City Lights, Neighborhood
Units: 1
Water: City Water

Local Schools

High School: University High
Middle School: Mountaineer Middle
Elementary School: Eastwood Elementary

Listed By / Shown By

Listed By

Agency Name: BEL-CROSS PROPERTIES, LLC
Agent Name: DESTINY SYLVESTER
Agency Phone: 304-296-7930

Shown By

Agency Title: Heritage Real Estate Co.
Agency Phone: (304) 612-3746

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Estimated Payment

$ 818.10 per month $723.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $94.79 Homeowner's Insurance

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Bill Porter, Broker (304) 612-3746
207 Aurora Dr
Morgantown, WV 26508

WEST VIRGINIA LICENSES BROKER WVB240300963
AGENCY 010271-00

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Agency License Information: 010271-00

Broker License No. WVB240300963
Office License No. 010271-00

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