Property Description

Discover a distinctive six-unit multifamily opportunity in Morgantown's South Park Historic District. Located at 320 Watts Street, this well-maintained property combines neighborhood character with the flexibility of an established rental history that includes standard long-term leases and furnished short- and mid-term stays through Airbnb and Furnished Finder. A future owner has the flexibility of pursuing a long-term, furnished, or blended rental strategy. The apartments range from approximately 600 to 900 square feet and offer a variety of layouts and features. Each unit includes essential appliances, while select units feature in-unit laundry, dishwashers, and stainless steel appliances. Existing furnishings and household items associated with the furnished rental operation convey, providing a substantial advantage for a buyer wishing to continue offering equipped, move-in-ready accommodations. Abundant off-street parking - a rare feature in this area - adds convenience for tenants and guests, while generous storage space supports property operations. Additional highlights include a newer roof (replaced in 2022) and a current City of Morgantown Letter of Compliance valid through May 2029. Convenient to downtown Morgantown, WVU, healthcare facilities, local employers, dining, shopping, and recreation, the location supports demand from long-term residents, university-affiliated renters, traveling professionals, relocating households, and visitors. With six units and multiple potential income streams, this property offers an appealing opportunity in the Morgantown rental market.

Property Features

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