Major Morgantown Real Estate Auction
Thursday, May 25th 5:00PM
Each property will be open for inspection from 3:00 – 4:00 PM only
For convenience, this auction will be conducted at the Monongalia County Courthouse
SEVEN Rental/Investment Properties
Downtown Properties
632 Spruce
TWELVE total bedrooms! Massive income rental potential!
Four story student rental in the heart of WVU downtown campus!
Brick structure, gas boiler heat, window A/C
1st Floor – 2 BR, 2nd Floor – 3 BR, 3rd Floor – 4 BR, 4th Floor – 3 BR
Each floor separately metered for electric
2 of 4 floors occupied, average rental 600/bedroom
Streetside parking, no off-street parking
Partial renovated about 10 years ago with plumbing and electrical updates
Monongalia County, District 13, Map 26, Parcel 218
289 Wiles
Gas heat and central air
Plumbing issues currently as a result of burst water pipes
Handyman special, in need of repairs
5-BR rental. Currently vacant.
Streetside parking only
Monongalia County, District 13, Map 26, Parcel 214
137 Lorentz
Full renovation about 10 years ago
Two rental units, 1st floor 1 BR, 2nd floor 2 BR (each floor with separate electric meters)
Currently vacated, past rentals for $600/mo. (1st floor), $850/mo. (2nd floor)
Monongalia County, District 12, Map 20, Parcels 250, 251
220-222 E Brockway
5 units total; (3) 1-BR and (2) 2-BR
Currently vacant with no leases in place; average previous rental $450-550/month
2 off street parking spots
Each unit separately metered for electric
Partial rehabbed within the last 6-7 years with kitchen installation and upgrades, minor plumbing repairs and electrical repairs
Monongalia County, District 10, Map 30, Parcels 69, 70, 71
Properties Near Wharf District
124 Prairie
Complete renovation about 10 years ago.
Gas heat, central air
Newer plumbing and electrical. Roof is aging but has been repaired
Single family home, one 1-BR apartment on the ground floor.
Cellar with exposed foundation stones and joists
Borrows off street parking from a BOE-owned adjacent.
Long term reliable tenant in place, $550/month
Monongalia County, District 9, Map 28, Parcel 103
126 Prairie
Upstairs and downstairs units
Upstairs is 2-BR, downstairs is 1-BR
Combined metering
Newer updates to the plumbing and electrical. Renovated about 15 years ago.
Roof is aging and has been patched/repaired.
Borrows off street parking from a BOE-owned adjacent.
Currently occupied, upstairs 750/mo., downstairs 400/mo.
Monongalia County, District 9, Map 28, Parcel 108
West Run Road
West Run Rd
6.73 +/- acres with a structure
Home is not serviceable and would be best served to be removed
Potential homesites or commercial applications with improvements required
No zoning restrictions
Adjoins property owned by City of Morgantown for airport access
Monongalia County, District 18, Map 21, Parcels 43.2, 43.3
Auctioneer’s Note: These properties will be offered individually and in various combinations.
Thursday, May 25th 5:00PM
Each property will be open for inspection from 3:00 – 4:00 PM only
For convenience, this auction will be conducted at the Monongalia County Courthouse
SEVEN Rental/Investment Properties
Downtown Properties
632 Spruce
TWELVE total bedrooms! Massive income rental potential!
Four story student rental in the heart of WVU downtown campus!
Brick structure, gas boiler heat, window A/C
1st Floor – 2 BR, 2nd Floor – 3 BR, 3rd Floor – 4 BR, 4th Floor – 3 BR
Each floor separately metered for electric
2 of 4 floors occupied, average rental 600/bedroom
Streetside parking, no off-street parking
Partial renovated about 10 years ago with plumbing and electrical updates
Monongalia County, District 13, Map 26, Parcel 218
289 Wiles
Gas heat and central air
Plumbing issues currently as a result of burst water pipes
Handyman special, in need of repairs
5-BR rental. Currently vacant.
Streetside parking only
Monongalia County, District 13, Map 26, Parcel 214
137 Lorentz
Full renovation about 10 years ago
Two rental units, 1st floor 1 BR, 2nd floor 2 BR (each floor with separate electric meters)
Currently vacated, past rentals for $600/mo. (1st floor), $850/mo. (2nd floor)
Monongalia County, District 12, Map 20, Parcels 250, 251
220-222 E Brockway
5 units total; (3) 1-BR and (2) 2-BR
Currently vacant with no leases in place; average previous rental $450-550/month
2 off street parking spots
Each unit separately metered for electric
Partial rehabbed within the last 6-7 years with kitchen installation and upgrades, minor plumbing repairs and electrical repairs
Monongalia County, District 10, Map 30, Parcels 69, 70, 71
Properties Near Wharf District
124 Prairie
Complete renovation about 10 years ago.
Gas heat, central air
Newer plumbing and electrical. Roof is aging but has been repaired
Single family home, one 1-BR apartment on the ground floor.
Cellar with exposed foundation stones and joists
Borrows off street parking from a BOE-owned adjacent.
Long term reliable tenant in place, $550/month
Monongalia County, District 9, Map 28, Parcel 103
126 Prairie
Upstairs and downstairs units
Upstairs is 2-BR, downstairs is 1-BR
Combined metering
Newer updates to the plumbing and electrical. Renovated about 15 years ago.
Roof is aging and has been patched/repaired.
Borrows off street parking from a BOE-owned adjacent.
Currently occupied, upstairs 750/mo., downstairs 400/mo.
Monongalia County, District 9, Map 28, Parcel 108
West Run Road
West Run Rd
6.73 +/- acres with a structure
Home is not serviceable and would be best served to be removed
Potential homesites or commercial applications with improvements required
No zoning restrictions
Adjoins property owned by City of Morgantown for airport access
Monongalia County, District 18, Map 21, Parcels 43.2, 43.3
Auctioneer’s Note: These properties will be offered individually and in various combinations.
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. 60 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.
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
Joe R Pyle WV212
Charlotte Pyle WV2174
Alan Heldreth WV2224
Jordan Kiger WV2246
Bob Stewart, Jr WV825
Bob Stewart, III WV1292
Todd Short WV1649
Tia Wolski WV 2351
Joe Panico WV 2353
Ethan Moore WV 2354
Taylor Ramsey WV2352
Joe Panico WV WV2353
Nick Dawkins WV2410
Jonathan Leep WV2452A
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. 60 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.
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
Joe R Pyle WV212
Charlotte Pyle WV2174
Alan Heldreth WV2224
Jordan Kiger WV2246
Bob Stewart, Jr WV825
Bob Stewart, III WV1292
Todd Short WV1649
Tia Wolski WV 2351
Joe Panico WV 2353
Ethan Moore WV 2354
Taylor Ramsey WV2352
Joe Panico WV WV2353
Nick Dawkins WV2410
Jonathan Leep WV2452A
