2608 Avery Street, Parkersburg, WV 26104

$1,199,000
26
BD
22
BA

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List Price
$1,199,000
Status
ACTIVE
Stories
2
MLS#
5234676
Year Built
1950
Bedrooms
26
Bathrooms
22
Half-baths
8
Region
Parkersburg
Township
Parkersburg
Subdivision / Building
Camden Riverview Terrace Adn

Property Description

14-UNIT INVESTMENT PORTFOLIO | FULLY OCCUPIED | TURNKEY OPPORTUNITY An exceptional opportunity to acquire 14 well-maintained, income-producing units in one convenient location. Situated on connected parcels in a quiet, established North End neighborhood, this fully occupied portfolio offers the scale of a multi-unit investment with the added advantage of having the entire operation concentrated together for efficient management. The offering consists of 12 townhome units, a freestanding 1-bedroom garage apartment, and a separate 1-bedroom ranch home. Each unit features off-street parking and in-unit laundry, two highly desirable amenities that add convenience for tenants and enhance long-term rental appeal. A standout feature for the investor is the freestanding garage apartment, which provides additional rental income while also offering valuable space for maintenance equipment, tools, replacement materials, and repair inventory, creating an ideal on-site hub for managing the entire portfolio. Well maintained with many updates, this property offers full occupancy, established rental income, multiple unit configurations, and connected parcels, allowing the next owner to step into an established operation from day one. For the investor looking to add meaningful door count without acquiring properties scattered throughout the area, this portfolio checks an important box: 14 units, one location, established tenants, and immediate income potential. A truly turnkey addition to an investment portfolio. All units are pet-free, smoke-free, and non HUD registered with a cap rate of 8.4

Additional Information

Taxes
$7,118
Acres
0.58
Sewer
Public Sewer
Exterior Features
Balcony
Roof
Asphalt, Fiberglass, Metal
Water
Public
Garage Spaces
1
Heating
Forced Air
Cooling
Central Air, Wall/Window Unit(s)
School District
Wood-Parkersburg HS

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Listing Courtesy of: Patricia Burkhammer, patty@legacyrealestate.pro With Legacy Real Estate Professionals

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