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For Sale Quadruplex

2608 Avery Street, Parkersburg, WV

2608 Avery Street, Parkersburg, WV, 26104
$1,199,000

Property Details

26 Bedrooms
22 Bathrooms
Quadruplex

Description

14-UNIT INVESTMENT PORTFOLIO | FULLY OCCUPIED | TURNKEY OPPORTUNITY An exceptional opportunity to acquire 14 well-maintained, income-producing units in one convenient location. Situated on connected parcels in a quiet, established North End neighborhood, this fully occupied portfolio offers the scale of a multi-unit investment with the added advantage of having the entire operation concentrated together for efficient management.The offering consists of 12 townhome units, a freestanding 1-bedroom garage apartment, and a separate 1-bedroom ranch home. Each unit features off-street parking and in-unit laundry, two highly desirable amenities that add convenience for tenants and enhance long-term rental appeal.A standout feature for the investor is the freestanding garage apartment, which provides additional rental income while also offering valuable space for maintenance equipment, tools, replacement materials, and repair inventory, creating an ideal on-site hub for managing the entire portfolio.Well maintained with many updates, this property offers full occupancy, established rental income, multiple unit configurations, and connected parcels, allowing the next owner to step into an established operation from day one.For the investor looking to add meaningful door count without acquiring properties scattered throughout the area, this portfolio checks an important box: 14 units, one location, established tenants, and immediate income potential. A truly turnkey addition to an investment portfolio.All units are pet-free, smoke-free, and non HUD registered with a cap rate of 8.4

Property Information

Address 2608 Avery Street
City Parkersburg
State WV
Zip Code 26104
Price $1,199,000
Property Type Residential Income
Listing Type Quadruplex
Bedrooms 26
Bathrooms 22

Location

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