217 McLane Avenue, Morgantown, WV 26505
Local realty services provided by:CENTURY 21 At Your Service
217 McLane Avenue,Morgantown, WV 26505
$297,000
- - Beds
- - Baths
- 2,265 sq. ft.
- Multi-family
- Active
Listed by: destiny sylvester
Office: bel-cross properties, llc.
MLS#:10167748
Source:WV_NCWV
Price summary
- Price:$297,000
- Price per sq. ft.:$131.13
About this home
217 McLane Avenue | Fully Leased WVU Investment Property – Triplex Exceptional investment opportunity in a prime WVU location, conveniently situated near WVU Honors Hall and Summit Hall on the WVU campus. This well-positioned triplex offers three separate apartments, private driveway parking, and established rental income with leases extending into 2027. Over the past three years, the property has undergone renovations and improvements, offering investors an opportunity to acquire an income-producing property in a highly desirable student rental market. The property features: Apartment A: One-bedroom apartment, currently leased for $800/month through May 20, 2027. Apartment B: Two-bedroom apartment, currently leased for $1,200/month through July 22, 2027. Apartment C: Two-bedroom apartment, currently leased for $1,150/month through July 22, 2027. Shared laundry room. Shared sun porch. Driveway parking. A mix of laminate and hardwood flooring throughout the apartments. Investment Highlights: Three fully leased apartments. Current combined rental income of $3,150 per month ($37,800 annually). Established rental history in a strong WVU student rental location. Existing leases provide income stability through 2027. Convenient proximity to WVU campus and student amenities. Whether you’re expanding an existing rental portfolio or entering the Morgantown investment market, 217 McLane Avenue presents an excellent opportunity to own an income-producing property in one of Morgantown’s most sought-after rental areas....
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Home facts
- Year built:1921
- Listing ID #:10167748
- Added:1 day(s) ago
- Updated:November 07, 2026 at 04:10 PM
Rooms and interior
- Flooring:Laminate, Vinyl, Wood
- Kitchen Description:Electric Dryer Connection
- Basement Description:Exterior Access, Interior Access, Partially Finished, Walk-Out
- Living area:2,265 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Gas
Structure and exterior
- Roof:Rolled, Shingles
- Year built:1921
- Building area:2,265 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:2 Stories
- Construction Materials:Brick
- Exterior Features:Porch, Screen Porch
- Foundation Description:Slab
- Levels:3 or More Stories
Utilities
- Water:City Water
- Sewer:City Sewer
Finances and disclosures
- Price:$297,000
- Price per sq. ft.:$131.13
- Tax amount:$2,983
Features and amenities
- Laundry features:Electric Dryer Connection, Washer Connection
- Amenities:Electric Dryer Connection, Screen Porch
Parking
- Parking description:3+ Cars, Off-Street Parking, Street Parking
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