704, 706, & 708 Gladstone Street, Parkersburg, WV 26101

$725,000

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List Price
$725,000
Status
ACTIVE
MLS#
5210322
Year Built
2012
Region
Parkersburg
Township
Parkersburg
Subdivision / Building
Elmhurst Adn

Property Description

This income-producing 6-unit apartment complex presents a strong investment opportunity with immediate cash flow and future expansion potential. Built in 2012, the property consists of spacious duplex-style units featuring 4 bedrooms, 2 full baths, and 2 half baths, offering highly desirable layouts for long-term tenant retention. The complex is currently operating at 100% occupancy with tenants paying all utilities, helping maximize investor returns and minimize operating expenses. These well-maintained units provide a stable and consistent revenue stream with monthly rental flexibility. Included with the property are 3 additional vacant lots, creating excellent upside potential for future development, additional rental units, or expansion of the existing portfolio. Conveniently located near schools, parks, shopping, restaurants, grocery stores, and healthcare, this property offers strong tenant demand in a desirable rental market. An outstanding opportunity for investors seeking immediate income, low-maintenance construction, and long-term growth potential.

Additional Information

Taxes
$6,307
Acres
1.03
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Electric, Forced Air, Heat Pump
Cooling
Central Air
School District
Wood-Parkersburg South HS

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Listing Courtesy of: Kimberly Smith, kimberlysmithrealtor2020@gmail.com With One Team Realty

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