1709-1711 Marshall St S, Benwood, WV, 26031

Owner is real estate agent. Please do not solicit for listings. This is a For Sale By Owner. I am not interested in creative financing. No lease to own, Seller Financing, or any unconventional requests for financing.

This income property is a completely rented 4 unit building. There is a vacant lot beside the property that will also be included with the sale. Tenants pay their own utilities. There is off street parking in the back of the building for 4 cars. Additional parking on the side of building. Long term tenants who want to stay in property. Do not visit or knock on door as all units are occupied and some tenants have pets.

Rents are as follows:
Unit 1 - $850 (2/3 bedroom, 1 bath)
Unit 2 - $700 (1 bedroom, 1 bath)
Unit 3 - $650 (1 bedroom, 1 bath)
Unit 4 - $750 (2/3 bedroom / 1bath)
Total Rental income $2950/mo
Lates Fees are $25/wk
Cap Rate: 7.57%

This property has been stayed rented and produces a nice flow of income each month. This is a very quiet area in Benwood and neighbors very nice. 2 lots sit on each side of the building for tenants to enjoy their outdoor space. Property sits 1 block from the highway and is convenient to Dollar General, Undos, Benwood City Pool, and Benwood Municipal City Building.

I am also selling a Duplex on the same street for a discount WITH the purchase of this property. 1018-1018 1/2 Marshall St. S. Benwood. wV 26031 is a fully occupied duplex bringing in an additional $1100/mo. Tenants pay their own utilities. There is strip of land across the street included that is currently being used for parking that is also for sale. Potentially another stream of income! Property appraised for $40,000 in 2022 and will be offered at $30,000 with the purchase of BOTH investment properties.