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Sold for $2,150,000
  • $2,150,000

    301 1st St, Morgantown, WV 26505

    18beds
    14,592sqft
    Multi Family
    Built in 1991
    -- sqft lot
    $2,178,600 Zestimate®
    $147/sqft
    $1,208 Estimated rent

    Home value

    $2,178,600

    $1.85M - $2.53M

    $1,208/mo

    Zestimate® history
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    What's special

    Welcome to The Brick Yard - A premier, multi-unit investment property strategically located in the heart of off campus living - Sunnyside! This 10-unit apartment complex offers a diverse mix of spacious 3-bedroom apartments, designed to cater to a variety of tenants. An investment opportunity you will not want to miss. Apartment features 10 - 3BR units, one 2 BA, three 1 BA and six 1.5BA. All boasting 900 square feet of livings space, some handicap modified, all furnished and conveying that way! 9 units have been re-floored with LVT and are carpet free. All units have been dog free but allow cats. Additional facilities and amenities include a well appointment and decorated office with half bath, on-site laundry facility with commercial washer and dryer units that will convey for tenant use, 19 parking spots - inclusive of 7 covered spots under the building, and a basement shop/maintenance space for the lessor's use, perfect for storage or repairs. Building highlights include a roof that is just at 2 years old providing peace of mind and reduced maintenance costs, separate utilities for each unit, allowing for straightforward management and tenant billing, central air conditioning throughout the entire building, ensuring year-round comfort for your tenants, and a fire and sprinkler system that is inspected annually, adhering to safety regulations and providing added security. All of this and we have yet to mention the location! Located directly across the street from the WVU Honors dorm and The Summit, The Brick Yard is equipped with a steady stream of potential tenants. Parking isn't an issue with this rental property, but those without a vehicle will also love the location catty-corner to the Mountain Line bus pickup, which offers a reliable 10-15 minute pick-up schedule. Of course if your tenants are going downtown, they are within 300 yards of the Life Sciences Building and moments to the WVU Downtown Campus, making it an ideal location for students or faculty. Additional easy access to both the Law School and Medical Campus enhance the property's appeal to a broad range of professionals and graduate/doctoral students. The Brick Yard is an outstanding investment opportunity with its prime location, well-maintained facilities, and strong potential for consistent rental income. Whether you're looking to expand your portfolio or invest in a reliable property, The Brick Yard stands out as a top choice in Morgantown. Can be packaged with mls# 10155051 - 2009 University Avenue. Don't miss out on this exceptional property. Contact us today to schedule a viewing or for more information!

    Zillow last checked:

    Listing updated:

    Listed by:

    LINDSAY WILLIAMS 304-685-9959,

    BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY,

    CALA HAYES 724-664-2773,

    BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY

    Bought with:

    DESTINY SYLVESTER, WVS190300676

    BEL-CROSS PROPERTIES, LLC

    Source: NCWV REIN,MLS#: 10154912MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 9
    • Full bathrooms: 7
    • 1/2 bathrooms: 2
    Basement
    • Level: Basement
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Gas
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Common Area
    Features
    • Other
    • Flooring: Carpet, Luxury Vinyl Plank
    • Basement: Garage Access,Concrete
    • Attic: Other
    Interior area
    • Total structure area: 14,592
    • Total interior livable area: 14,592 sqft
    • Finished area below ground: 6

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off Street, 3+ Cars, Parking Garage
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Handicap Modified
    Features
    • Levels: 3
    • Stories: 3
    • Exterior features: Balcony
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 94 x 80 x 93 x 78
    • Features: Corner Lot, Level
    Details
    • Parcel number: 311200200135000
    • Zoning description: General Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Year built: 1991

    Utilities & green energy

    • Electric: 200 Amps
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation
    • Security: Smoke Detector(s), Fire Sprinkler System, Fire Escape
    Location
    • Region: Morgantown

    Financial & listing details

    • Price per square foot: $147/sqft
    • Annual tax amount: $12,082
    • Date on market: 6/20/2024
    • Total actual rent: 9225
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/28/2024Sold$2,150,000-10.4%$147/sqft
    Source: NCWV REIN #10154912 Report a problem
    7/20/2024Contingent$2,400,000$164/sqft
    Source: NCWV REIN #10154912 Report a problem
    6/20/2024Listed for sale$2,400,000$164/sqft
    Source: NCWV REIN #10154912 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/4/2020Listing removed$1,425
    Source: Owner Report a problem
    1/21/2020Listed for rent$1,425+5.6%
    Source: Owner Report a problem
    2/27/2019Listing removed$1,350
    Source: Owner Report a problem
    2/5/2019Listed for rent$1,350
    Source: Owner Report a problem
    7/14/2018Listing removed$1,350
    Source: Owner Report a problem
    6/12/2018Price change$1,350+5.9%
    Source: Owner Report a problem
    3/11/2018Price change$1,275-10.5%
    Source: Owner Report a problem
    2/8/2018Listed for rent$1,425
    Source: Owner Report a problem
    6/9/2017Listing removed$1,425
    Source: Owner Report a problem
    3/20/2017Listed for rent$1,425
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Sunnyside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Suncrest Elementary
    • Middle: Suncrest Middle
    • High: Morgantown High
    • District: Monongalia

    Source: NCWV REIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $2,178,600
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    +$43,572
    With Zillow Showcase(estimated)
    $2,222,172