Income Generating 4-Unit Apartment Building in Huntington

Income Generating 4-Unit Apartment Building in Huntington

Online Real Estate Auction   Bidding begins closing Thursday, April 2nd at 6:00PM   1026 12th Ave. Huntington, WV 25701   Income-Producing 4-Unit Apartment Building   Multi-unit investment opportunity in one of Huntington’s most desirable rental corridors. Positioned only two blocks from Ritter Park and situated in a historically low vacancy area, this property offers stability and long-term upside.

Online Only Bidding

Call: Taylor Self

Online Real Estate Auction

 

Bidding begins closing Thursday, April 2nd at 6:00PM

 

1026 12th Ave.

Huntington, WV 25701
 

Income-Producing 4-Unit Apartment Building

 

Multi-unit investment opportunity in one of Huntington’s most desirable rental corridors. Positioned only two blocks from Ritter Park and situated in a historically low vacancy area, this property offers stability and long-term upside.

 

Main Apartment Building – 4 Units

Each 1,200 +/- Sq. Ft. unit includes:

1 Bedroom

1 Bathroom

Hardwood Floors

Two Decorative Fireplaces. One in the Living Room. One in the Dining Room.

Optional Breakfast Nook

Rear Exit Access

High-Efficiency Gas Furnace

In Apartment Laundry Rooms

Classic layouts

Roof will need repairs (property selling as-is)

 

Additional Income Potential

Separate 4-unit storage building located behind the apartment building

1 storage unit currently rented (pictured)

Opportunity to increase storage income

 

Highlights

2 Blocks from Ritter Park

Convenient to Downtown Huntington & Marshall University

Strong and consistent rental demand

Immediate income-producing property

Desirable location

Long-term growth potential

 

Cabell County – District 5 | Map 45 | Parcel 390

 

Questions? Please call Taylor Self, Salesperson (304) 476-7118

 

10% buyer’s premium.  30 days to close.  Please read full terms and conditions before bidding.

REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders) with balance due at closing. Cash, check, & wire transfer accepted.  Credit cards will not be accepted for the down payment.  No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied. 

Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted.  30 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price.  Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents.  No exceptions.  Real estate sold subject to owner confirmation unless otherwise noted. 

 

AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer/Agent and is an agent for the seller only.

 

DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.

Any references to acreage, unless otherwise noted, are derived from public record and are not warranted.  Buyers are responsible for conducting their own research prior to bidding.

 

BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction.  Brokers/Agents are not entitled to a commission if they are the purchaser.

 

We don't just list your property - WE SELL IT!

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

Joe R. Pyle, Broker

(888) 875-1599

5546 Benedum Drive Shinnston West Virginia 26431

www.joerpyleauctions.com

 

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