Mature treesHighly practical low-maintenance layoutClassic exteriorCovered front porchResilient wood-look flooring
Calling all investors! This is a prime opportunity to acquire an immediate income-producing multi-family property located at 949 W Pike St. Currently generating a combined $1,500/month in rental income, this duplex offers fantastic cash flow from day one and an incredible return on investment at the $125,000 asking price.
Property Highlights:
Property Type: Multi-family (Duplex)
Total Size: 1,990 sq ft
Layout: ?2 - 2 Bedrooms / ?1 Full Bathroom? - units
Condition & Features:
As seen in the provided photos, the property features a classic exterior with a covered front porch and mature trees. The interiors offer a highly practical, low-maintenance layout with a mix of resilient wood-look flooring and carpet. While the cosmetic finishes aren't fully modernized, the building is in solid, reliable condition—perfect for maintaining the current steady tenancy. It also leaves great value-add potential on the table for future cosmetic upgrades to force appreciation and push rents even higher down the road.
The Investment Angle:
Priced to sell ASAP at $125,000, this property delivers an outstanding gross yield of over 14%. Whether you are expanding an existing West Virginia real estate portfolio or looking for a reliable first investment, the numbers on this duplex make perfect sense.
Serious inquiries only. Please contact the owner directly for more information or to schedule a showing. Please do not disturb the current tenants.
25 days
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341
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14
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Listed by:
Property Owner(312) 485-6920
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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