Property Description

Investment opportunity! Four remodeled apartments, three bedroom home and former shop with good income and potential for additional rentals. Four apartments total 2660 sq. ft. ; house 1423 sq. ft.; shop 785 sq. ft. This property has the potential of over $4,000/month income. There is a current lease between the owner and a health care provider which insures there is housing available for their employees. This lease can be modified by the new buyer and they can choose to continue working with the health care provider at a higher monthly rental or procure tenants of their own at a higher monthly rental.

Features
: Unfinished, Partial
: No
: 3+ Cars, Off-street Parking
Utilities
: Yes
Address Map
US
WV
Elkins
26241
Lincoln
401
Avenue
0
W80° 8' 24.7''
N38° 55' 47''
Randolph County/Elkins
Additional Info
PROPST REALTY
306
3220
401 Lincoln Avenue
Active
Elkins Third Ward Elementary
Elkins Middle
Elkins High
Apartment Residential
Medical Facility,Park,Tennis Courts
Aluminum,Asbestos Siding,Block
100 Amps,Circuit Breakers
Range,Refrigerator
Interior Access Only
Laminate,Vinyl,Wall-to-Wall Carpet
: Shingles, Flat
: Electric Stove Connection, Washer Connection, Gas Stove Connection, Other, Gas Dryer Connection
: Hot Water Heater Gas, Hot Water Heater Elec., Cable Available
: No
6
: Block
No
: Frame, Block
: City Sewer, City Water
: Two Story, Other
$837
2024
Randolph
2
From Intersection of 219 (Veteran's Memorial) and Railroad Ave., travel West to Lincoln Street. Turn left, first home on left.
01-05-2025 07:57:07
$72
111
: Sloping, Corner
: No

Multi-unit/income For Sale

401 Lincoln Avenue, Elkins, West Virginia 26241

0 Bedrooms
0 Bathrooms
4,868 Sqft
$349,000
Listing ID #10155672
Basic Details
Property Type : Multi-unit/income
Listing Type : For Sale
Listing ID : 10155672
Price : $349,000
Bedrooms : 0
Bathrooms : 0
Square Footage : 4,868 Sqft
Year Built : 1940
Lot Area : 0.14 Acre
Status : Active
Days On Market : 0
View : City Lights
Frontage Feet : 4
Contact Agent