Description
Investment opportunity in Follansbee, WV! This four-unit residential rental property includes two houses and two mobile homes, all situated on one property. All four units are currently rented with long-term tenants in place, offering an established rental history for the next owner. The property features a variety of unit styles and several recent exterior improvements. Unit 1 is a one-bedroom, one-bath home with an additional attached room that could serve as an office, den, nursery, or bonus space, plus a sunporch and laundry room. Updates include a new (2025) metal roof, gutters and downspouts along with some new soffit and fascia, plus a fenced yard. Stove and refrigerator are included. Unit 2 is a two-bedroom, one-bath home with a two-car attached garage, plus an additional garage/storage area ideal for lawn equipment, tools, or extra storage. This unit also features a new 2025 metal roof, soffit, gutters, and downspouts. Refrigerator and stove are included. Exterior painted in 2025. The back house comes with a level decent sized yard. Unit 3 is a two-bedroom, one-bath mobile home with a small front yard and side parking. This unit is currently tenant-occupied and in need of work. Roof coated in 2025. Refrigerator and stove are included. Unit 4 is a two-bedroom mobile home with a front porch, small front yard , and side parking. Recent exterior improvements include fresh exterior paint with shutters approximately one year ago and a roof coating completed last summer. This unit includes an electric furnace, electric hot water tank, stove, and refrigerator. This home is located in the back. This is a great opportunity for investors looking for an income-producing property with existing tenants, multiple rental units, garage/storage space, parking, and long-term rental history
Details
| MLS # | 5220836 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 67 |
| Listing Provided By | LPT Realty, LLC | Lisa M Straight |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 720 |
| Garage | 3 |
| Story(s) | 1 |
| Building(s) | 1 |
| Acreage | 0.33 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Garage |
Taxes
| Tax Annual Amount | 1560 |
|---|
Area Information
| State | WV |
|---|---|
| County | Brooke |
| City | Follansbee |
| Zip Code | 26037 |
| Listing VS Median (in 26037) | |
Price: $189,900 low | high Med: $152,450 sqft: 720 low | high Med: 1,857 $ / sqft: $264 low | high Med: $82 On site: 67 low | high Med: 283.5 | |
Market Activity 26037
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Learn More About This Property
| State | WV |
|---|---|
| County | Brooke |
| City | Follansbee |
| Zip Code | 26037 |
| Listing VS Median (in 26037) | |
Price: $189,900 low | high Med: $152,450 sqft: 720 low | high Med: 1,857 $ / sqft: $264 low | high Med: $82 On site: 67 low | high Med: 283.5 | |