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2457 4th Ave - Offering-39 Single Family Residential Homes 50,000 SF Specialty Building Offered at $1,797,250 CAD in Huntington, WV 25703

Residential Income Homes West Virginia Huntington 2457 4th Ave, Huntington, WV 25703

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INVESTMENT HIGHLIGHTS

  • Portfolio of 36 Single Family Residential Homes for Sale and Three Vacant Lots.
  • Upside Potential for New Ownership to Rehab Some of the Units to Increase Rents.
  • Many Contiguous Lots and Corner Parcels--Excellent Future Development Potential.
  • Huntington Shows Strong and Consistent Residential Demand.
  • Perfect Opportunity to Solidify Ownership in an Entire Section of the City.
  • Convenient to Hal Greer Blvd, Route 60, and Interstate 64.

EXECUTIVE SUMMARY

This offering includes 39 single family rental homes in the heart of Huntington's residential sector. 30 of the assets are currently operational and are currently producing or able to produce a cumulative rental income of $23,785 per month. Nine of the properties have varying degrees of necessary repairs ranging from simple bathroom renovation and fixture replacement to drywall and flooring replacement. Those properties represent a potential combined rental income of $11,050 per month. The overall amount of investment towards the properties will determine the potential rental income. Please see the marketing brochure for complete details on the offering.

ATTACHMENTS

Marketing Brochure/Flyer
Marketing Brochure/Flyer
Marketing Brochure/Flyer
Marketing Brochure/Flyer

PROPERTY FACTS Under Contract

Price $1,797,250 CAD Building Class C
Price Per SF $35.95 CAD Lot Size 2.00 AC
Sale Type Investment Building Size 50,000 SF
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
 No. Stories 2
Property Type Specialty Year Built 1970
Property Subtype
Residential Income
  • Multifamily Apartments
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Price $1,797,250 CAD
Price Per SF $35.95 CAD
Sale Type Investment
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Building Class C
Lot Size 2.00 AC
Building Size 50,000 SF
No. Stories 2
Year Built 1970
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05-10-03240000
  • 05-10-03270000
  • 05-10-03010000
 Improvements Assessment $4,230 CAD
Land Assessment $15,737 CAD Total Assessment $19,967 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05-10-03240000
  • 05-10-03270000
  • 05-10-03010000
Land Assessment
$15,737 CAD
Improvements Assessment
$4,230 CAD
Total Assessment
$19,967 CAD
(304) 840-1781

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 26366757

  • Date on Market: 2022-08-09

  • Last Updated:

  • Address: 2457 4th Ave, Huntington, WV 25703

The Huntington Specialty Property at 2457 4th Ave, Huntington, WV 25703 is currently available. Contact Realcorp, LLC for more information.

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2457 4th Ave - Offering-39 Single Family Residential Homes
(304) 840-1781 x

2457 4th Ave - Offering-39 Single Family Residential Homes

Quintie Smith
(304) 840-1781

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