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Property Description
An incredible investment opportunity awaits with this fully updated, high-yield 8-unit 2 bed 1 and half bath apartment building. Perfect for investors seeking immediate cash flow with massive future upside, this property combines modern, low-maintenance units with a massive accompanying parcel of land ready for development. With strong current rental income and clear avenues to boost your yield, this property offers the perfect balance of stability and growth. Opportunities that combine turn-key, updated units with significant expansion acreage do not last long. Do not let this premier investment slip away.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Heat Pump
Heating: Electric, Forced Air
Lot Size: 323x323x125x125
Roof Type: Composition, Shingle
Taxes: $5,376
Year Built: 1978
Feature Descriptions
Appliances: Dishwasher, Oven, Range, Refrigerator
Community Features: Cable TV, Public Transportation
Days on Site: 10
Exterior: Brick, Frame
Flooring: Vinyl
Laundry: Washer Hookup, Dryer Hookup
Lot Dimensions: 323x323x125x125
Parcel#: 25-021D-0001-0018-0000
Parking: Concrete, Parking Space(s)
Sewer: Public Sewer
Units: 8
Water: Public
Window: Insulated Windows
Local Schools
High School: Nitro
Middle School: Andrew Jackson
Elementary School: Cross Lanes
Listed By / Shown By
Listed By
Agency Name: Old Colony
Shown By
Agent Name: Bill Porter, Broker
Agent Phone: (304) 685-4871
Agency Title: Heritage Real Estate Co.
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Estimated Payment
$ 2,333.41 per month $1,666.95 Principal & Interest $448.00 Property Tax $218.46 Homeowner's InsuranceChange Payment Information
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611 Cross Lanes Drive | MLS# 284532
This multi-family property located at 611 Cross Lanes Drive, Nitro, WV 25143 is currently listed for sale with an asking price of $749,000. Search Nitro real estate on bill.wvheritagerealestate.com today.