1611 Franklin Ave - Apartments FOR SALE


Charleston, WV 25311- East End
$209,900 USD
304-541-6694
1611 Franklin Ave, Charleston, WV for Sale
$209,900 USD
Apartments - FOR SALE
1/13
null | 11.1% Cap Rate

1611 Franklin Ave
Charleston, WV 25311
East End


HIGHLIGHTS

  • Four Unit Apartment Building
  • Two 1-Bedroom 1-Bath units and Two 2-Bedroom 1-Bath units.
  • Fully Occupied

OVERVIEW

Four-unit apartment building with Two 1-Bedroom 1-Bath units and Two 2-Bedroom 1-Bath units. All Units are currently rented. Current Potential Gross Income of $28,860 per year. Tenants pay Utilities except Owner pays Trash. New Roof in 2024. Each Unit has Central Gas Heat and AC. Central Staircase. Tenant Storage located in Basement with Washer/Dryer hookups. Basement has Outside Entrance.

FOR SALE DETAILS

PRICE

$209,900 USD

PRICE/SF

$56 USD /SF

# OF UNITS

3746

PRICE/UNIT

$56

CAP RATE

11.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,460 SF

ZONING

R-8

APN/PARCEL ID

20-11-25-0031-0000

ASK ABOUT THIS PROPERTY

Darrell RolstonRolston & CompanyMore Info
304-541-6694

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Darrell RolstonRolston & CompanyMore Info
304-541-6694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.