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Josh Hart

josh.hart@exprealty.com +1(304) 376-5067

Listed by DESTINY SYLVESTER • BEL-CROSS PROPERTIES, LLC

$ 297,000

Est. payment | -/mo

2,265 SqFt

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$ 297,000

Est. payment | -/mo

Save

2,265 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,265 sqft

Price per Sqft $131

MLS Listing ID 10167748

Style Other,Two Story

Year Built 1921

Annual Tax Amount $2,983

Tax Year 2025

Lot Size 7,187 Sqft

Property Sub-Type 2-4 Family

Property Description

217 McLane Avenue | Fully Leased WVU Investment Property – Triplex Exceptional investment opportunity in a prime WVU location, conveniently situated near WVU Honors Hall and Summit Hall on the WVU campus. This well-positioned triplex offers three separate apartments, private driveway parking, and established rental income with leases extending into 2027. Over the past three years, the property has undergone renovations and improvements, offering investors an opportunity to acquire an income-producing property in a highly desirable student rental market. The property features: Apartment A: One-bedroom apartment, currently leased for $800/month through May 20, 2027. Apartment B: Two-bedroom apartment, currently leased for $1,200/month through July 22, 2027. Apartment C: Two-bedroom apartment, currently leased for $1,150/month through July 22, 2027. Shared laundry room. Shared sun porch. Driveway parking. A mix of laminate and hardwood flooring throughout the apartments. Investment Highlights: Three fully leased apartments. Current combined rental income of $3,150 per month ($37,800 annually). Established rental history in a strong WVU student rental location. Existing leases provide income stability through 2027. Convenient proximity to WVU campus and student amenities. Whether you're expanding an existing rental portfolio or entering the Morgantown investment market, 217 McLane Avenue presents an excellent opportunity to own an income-producing property in one of Morgantown's most sought-after rental areas.

Location

State WV

County Monongalia

Area Monongalia/Morgantown

Zoning Neighborhood Mix Use

Direction From Beechurst Avenue- Turn right or left onto 3rd Street, Right onto Grant Avenue and Right onto Houston Drive at Summit Hall. The three houses are side-by-side directly behind Summit Hall. From University Avenue - Right or left onto Houston Street.

Rooms

Basement Exterior Access, Interior Access, Partially Finished, Walk-Out

Interior

Interior Features Electric Dryer Connection, Washer Connection

Heating Gas

Cooling Ceiling Fan(s)

Flooring Laminate, Vinyl, Wood

Equipment Cable Available, Carbon Monoxide Detectors, Smoke Detectors

Appliance Dryer, Range, Refrigerator, Washer

Exterior

Exterior Feature Other, Porch, Screen Porch

Parking Features None

Fence None

Waterfront Description None

View City Lights, Neighborhood

Roof Type Rolled,Shingles

Building

Story 3

Foundation Slab

Sewer City Sewer, City Water

Schools

Elementary Schools Suncrest Elementary

Middle Schools Suncrest Middle

High Schools Morgantown High

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(304) 376-5067

josh.hart@exprealty.com

217 McLane Morgantown, WV 26505

Josh Hart

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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217 McLane