4 Delaware, Charleston, WV 25302

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List Price
$225,000
Status
PENDING
Price Change
▲ $25,000 1787775249
MLS#
285181
Subtype
Residential Income
Style
Two Story
Architectural Style
Two Story
Year Built
1900
Living Area
3,120
MLS Area Major
Charleston-West Side

Property Description

The property is located on the east side of Delaware Avenue, just north of Kanawha Boulevard on the near West Side. It is improved with a two-story apartment building constructed in early 1900's. The building houses 4 one bed/one bath units that have undergone periodic renovations and have been proactively maintained. Historical information exhibits strong occupancy averaging 98% per year. All four units are occupied and on contract as of the rent roll date, placing the property at 100% physical occupancy. Ownership has moved rents up across three of the four units since 2025, listing monthly collections by 10%. Rents are gross with the landlord paying all utilities and basement washer/dryer units are available to every tenant at no additional charge.

Additional Information

Property Description
Two Story
Heating
Baseboard, Electric, Forced Air
Air Conditioning
Window Unit(s)
Roof
Composition, Shingle
Parking Features
On Street
Elementary School
Westside/Mary C. Snow
Middle School
West Side
High School
Capital

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Term of Loan
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Calculator source: Real Geeks