32 Baird StMorgantown, WV 26505

Property Details for 32 Baird St

Year built

2009

Lot size

0.20 AC

Property size (Sq ft)

9,145 SF

Property type

Hospitality properties

Property subtype

Multifamily properties

Description

This exceptional three-story, 9,145-square-foot student housing complex in Morgantown, West Virginia, presents a compelling investment opportunity. Located on a 0.2-acre lot, this property boasts 12 apartments: eleven two-bedroom, two-bathroom units and one one-bedroom, one-bathroom unit. Additionally, a convenient office space with a kitchenette is included. Built in 2009, the building features masonry construction with cement board siding and a composition shingle roof (new in Summer 2023). All units include in-unit laundry, oversized closets, and recent upgrades such as new LVP flooring or tiling, and granite countertops. Exterior improvements also include new exterior doors with keyless entry and updated siding and stone on the first floor. The property benefits from thermal windows, electric heat pumps (FA/CAC), and 24/7 security cameras. Eleven off-street parking spaces are available. Its prime location is a 12-minute walk from West Virginia University's Downtown Campus and the PRT, offering easy access to campus amenities, shopping, and more. The property is conveniently situated near I-79, I-68, and within Morgantown city limits. The crawl spaces have been fully insulated with a water vapor barrier. This meticulously maintained property offers a strong return on investment with its desirable location and recent renovations. The building is zoned B-2 Service Business. The asking price is $1,875,000, representing $156,250 per unit and $205.03 per square foot.

Location Insight

City

Morgantown

County

Monongalia

State

West Virginia

Latitude

39.6308

Longitude

-79.9507

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