Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

921 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

106 Maryland Ave, Charleston, WV 25302 106 Maryland Ave

2 Unit Apartment Building $145,000 ($72,500/Unit) 9.10% Cap Rate Charleston, WV 25302

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Completely renovated and fully leased on one-year leases

Executive Summary

Opportunity knocks! Discover an exceptional chance to own a beautifully updated duplex in Charleston. Great for living and renting, this fully furnished property offers modern comfort and style in each unit. Both units have been meticulously renovated with a keen eye for detail, from exquisite furnishings to tasteful paint choices and high-quality fixtures. Each floor boasts a 1-bedroom, 1-bathroom layout, providing a cozy and comfortable living space. Also, each unit includes a dedicated storage building, perfect for keeping your belongings organized. Enjoy a massive, flat, fenced yard, offering potential for future development or additional units. This duplex is an ideal investment for anyone looking to experience the charm of Charleston. Whether you choose to live in one unit and rent out the other or rent both, this property is a fantastic opportunity for rental income. Don't miss out on this rare find!
Directions: From I-64W - Take exit 58B, turn left on Randolph St, turn left onto Maryland Ave, house will be on your left. From I-64E - Take exit 58C to 119, turn right onto Randolph St, turn left onto Maryland Ave, house will be on your left.
Confidential Remarks: Buyer to verify all information. Both units are currently leased at $800 per unit.

Property Facts

Price	$145,000	Apartment Style	Low Rise
Price Per Unit	$72,500	Lot Size	0.11 AC
Sale Type	Investment	Building Size	1,200 SF
Cap Rate	9.10%	No. Stories	2
No. Units	2	Year Built/Renovated	1921/2023
Property Type	Multifamily	Parking Ratio	3.33/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$145,000
Price Per Unit	$72,500
Sale Type	Investment
Cap Rate	9.10%
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Lot Size	0.11 AC
Building Size	1,200 SF
No. Stories	2
Year Built/Renovated	1921/2023
Parking Ratio	3.33/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.