For Sale
$250,000

185 Middleway Pike Inwood, WV 25428

Two-unit property, high-traffic location, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a rare chance to acquire a charming multifamily property situated on a highly visible 0.44-acre lot at 185 Middleway Pike in Inwood, West Virginia. The property boasts two separate residential units, strategically located between Route 11 and the new Inwood bypass, ensuring high traffic visibility and excellent accessibility. The main house, a 3-bedroom, 1-bathroom structure built in 1920, is currently leased and provides consistent rental income. Public utilities serve this established residence. Complementing the main house is a 2-bedroom, 2-bathroom mobile home constructed in 1994, also generating rental income and connected to public utilities. This dual-unit setup offers a diversified income stream and significant potential for future growth. The combined asking price for this lucrative investment is $250,000, representing a compelling price per unit of $125,000. Located in Berkeley County, zip code 25428, this property presents a unique blend of historical charm and modern convenience, making it an ideal addition to any investment portfolio. Don't miss this opportunity to secure a high-yield, multifamily property in a prime West Virginia location.

Highlights

  • Exceptional multifamily investment opportunity in Inwood, WV.
  • High-visibility 0.44-acre lot on Middleway Pike, between Route 11 and the new Inwood bypass.
  • Two income-producing units: a 3 bed/1 bath 1920s house and a 2 bed/2 bath 1994 mobile home.
  • Combined asking price: $250,000 ($125,000 per unit).
  • Located in Berkeley County, WV, zip code 25428.

Property Details for 185 Middleway Pike

Property type
Land
Buildings
2
Lot Size (sq. ft)
19,166 SF
Units
2

Location Insight

City
Inwood
County
Berkeley
State
West Virginia
Latitude
39.356933
Longitude
-78.036327

FAQs

What type of property is this?
Land - Two-unit property, high-traffic location, strong rental income.
Where is the land located?
The property is located at 185 Middleway Pike Inwood, WV.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Exceptional multifamily investment opportunity in Inwood, WV.; High-visibility 0.44-acre lot on Middleway Pike, between Route 11 and the new Inwood bypass.; Two income-producing units: a 3 bed/1 bath 1920s house and a 2 bed/2 bath 1994 mobile home.
How can I contact the broker?
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185 Middleway Pike
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