For Sale
$745,000

352 Stewart St Morgantown, WV 26505

High-yield, fully leased student housing.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity comprises three fully leased student housing properties located at 344, 352, and 356 Stewart Street in Morgantown, West Virginia, a prime location near West Virginia University's main campus. The properties boast a combined monthly rental income exceeding $9,000, with tenants responsible for all utilities. The portfolio includes a six-bedroom, three-bathroom unit at 344 Stewart Street, leased for $3,500 per month

Highlights

  • Exceptional investment opportunity: Three fully leased properties near West Virginia University's main campus.
  • Combined monthly rent exceeds $9,000, with tenants responsible for all utilities.
  • 13 parking spaces included.
  • 344 Stewart Street: 6 bedrooms, 3 bathrooms, $3,500/month lease.
  • 352 Stewart Street: 6 bedrooms, 2 bathrooms, $3,850/month lease; new roof and AC unit; deck and ramp replaced; exterior freshly painted.
  • 356 Stewart Street: 3 bedrooms, 2 bathrooms, $1,600/month lease; new roof; exterior freshly painted.

Property Details for 352 Stewart St

Property type
Dormitories, Student housing

Location Insight

City
Morgantown
County
Monongalia
State
West Virginia
Latitude
39.638805246181
Longitude
-79.952278801621

FAQs

What type of property is this?
Dormitory - High-yield, fully leased student housing.
Where is the dormitory located?
The property is located at 352 Stewart St Morgantown, WV.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Three fully leased properties near West Virginia University's main campus.; Combined monthly rent exceeds $9,000, with tenants responsible for all utilities.; 13 parking spaces included.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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352 Stewart St
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