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2457 4th Ave - Offering-39 Single Family Residential Homes

50,000 SF Specialty Building Offered at $1,300,000 in Huntington, WV 25703

Residential Income Homes West Virginia Huntington 2457 4th Ave, Huntington, WV 25703

Investment Highlights

  • Portfolio of 36 Single Family Residential Homes for Sale and Three Vacant Lots.
  • Upside Potential for New Ownership to Rehab Some of the Units to Increase Rents.
  • Many Contiguous Lots and Corner Parcels--Excellent Future Development Potential.
  • Huntington Shows Strong and Consistent Residential Demand.
  • Perfect Opportunity to Solidify Ownership in an Entire Section of the City.
  • Convenient to Hal Greer Blvd, Route 60, and Interstate 64.

Executive Summary

This offering includes 39 single family rental homes in the heart of Huntington's residential sector. 30 of the assets are currently operational and are currently producing or able to produce a cumulative rental income of $23,785 per month. Nine of the properties have varying degrees of necessary repairs ranging from simple bathroom renovation and fixture replacement to drywall and flooring replacement. Those properties represent a potential combined rental income of $11,050 per month. The overall amount of investment towards the properties will determine the potential rental income. Please see the marketing brochure for complete details on the offering.

Attachments

Marketing Brochure/Flyer
Marketing Brochure/Flyer
Marketing Brochure/Flyer
Marketing Brochure/Flyer

Property Facts Under Contract

Price $1,300,000 Building Class C
Price Per SF $26 Lot Size 2.00 AC
Sale Type Investment Building Size 50,000 SF
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
 No. Stories 2
Property Type Specialty Year Built 1970
Property Subtype
Residential Income
  • Multifamily Apartments
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Price $1,300,000
Price Per SF $26
Sale Type Investment
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Building Class C
Lot Size 2.00 AC
Building Size 50,000 SF
No. Stories 2
Year Built 1970
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Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05-10-03240000
  • 05-10-03270000
  • 05-10-03050000
 Improvements Assessment $2,040
Land Assessment $9,900 Total Assessment $11,940

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05-10-03240000
  • 05-10-03270000
  • 05-10-03050000
Land Assessment
$9,900
Improvements Assessment
$2,040
Total Assessment
$11,940
(304) 840-1781

  • Listing ID: 26366757

  • Date on Market: 8/9/2022

  • Last Updated:

  • Address: 2457 4th Ave, Huntington, WV 25703

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2457 4th Ave - Offering-39 Single Family Residential Homes
(304) 840-1781 x

2457 4th Ave - Offering-39 Single Family Residential Homes

Quintie Smith

(304) 840-1781

(304) 840-1781

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