289 Wiles, Morgantown, WV 26505
289 Wiles, Morgantown, WV 26505
289 Wiles, Morgantown, WV 26505
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Listed by DESTINY SYLVESTER • BEL-CROSS PROPERTIES, LLC
$325,000
Est. payment /mo
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1,860 SqFt
Active

289 Wiles Morgantown, WV 26505

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,860 sqft

Price per Sqft $174

MLS Listing ID 10165059

Style Traditional

Year Built 1926

Annual Tax Amount $1,875

Tax Year 2025

Property Sub-Type Other

Property Description

LEASED, FULLY RENOVATED PROPERTY (Completed in 2024) FOR SALE! Prime investment opportunity located just one block from the WVU Downtown Campus! 289 Wiles Street is a beautifully renovated 5-bedroom, 3.5-bath property offering immediate cash flow with a lease already in place through May 20, 2027. Currently generating $3,435/month in rental income, with the owner providing a $500 monthly utility allowance and tenants responsible for any overages. This spacious home has undergone extensive updates, including new siding, new roof, central air installation, updated kitchen and baths, and all-new LVP flooring throughout. The flexible layout offers excellent rental appeal, including a private third-floor suite with its own full bath and a dedicated washer/dryer. An additional washer and dryer are conveniently located on the main level, near the living room and large eat-in kitchen. Enjoy outdoor space from the welcoming front porch, along with convenient street parking. Ideal for investors seeking a turn-key income-producing property or for parents looking to purchase for their WVU student in a high-demand rental location near WVU, restaurants, shopping, and downtown amenities. Tenants need a 24-hour notice for showings.

Location

State WV

County Monongalia

Area Monongalia/Morgantown

Zoning Neighborhood Mix Use

Direction 289 Wiles St. - North on Spruce Street, straight through the light onto North Spruce St. Right on Wiles St. House on Left.

Rooms

Basement Concrete Floor, Unfinished

Interior

Interior Features Electric Dryer Connection, Other, Washer Connection

Heating Electric

Cooling Central Air, Electric

Flooring Luxury Vinyl Plank, Wall-to-Wall Carpet

Equipment Smoke Detectors

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Porch

Parking Features None

Fence None

Waterfront Description None

View City Lights, Neighborhood

Roof Type Shingles

Building

Story 3

Foundation Block

Sewer City Sewer, City Water

Schools

Elementary Schools Eastwood Elementary

Middle Schools Mountaineer Middle

High Schools University High


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Kevin A McMIllen

Kevin A McMIllen

Agent | License ID: WVS210301362

+1(304) 376-1727

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289 Wiles