1024 Cayton St

Morgantown WV 26505

1580 sq. ft.

0.29 ac.

Multi-Family

Currently for sale - view listing

Overview

TWO INCOME-PRODUCING PROPERTIES NEAR WVU – TURNKEY INVESTMENT OPPORTUNITY Positioned just 0.5 miles from West Virginia University Downtown Campus and the WVU Mountainlair, this rare dual-property package offers immediate cash flow in one of Morgantown’s most desirable rental locations. Perfect for investors seeking consistent income, the offering includes 1024 Cayton Street, a 2-bedroom, 2-bath home leased through May 20, 2027 at $1,200 per month, and 1048 College Avenue, a neighboring 2-bedroom, 1-bath home also leased through May 20, 2027 at $800 per month. With both properties, tenants are responsible for all utilities and lawn care, making them a low-maintenance investment for the owner. Together, the properties generate $2,000 in monthly rental income and boast a strong rental history with long-term leases already in place. Located side-by-side for simplified management and scalability, this package is ideal for student housing or portfolio expansion. Opportunities like this—two adjacent, fully leased properties in close proximity to WVU—are increasingly rare, making this a true turnkey investment with immediate and reliable returns. - Tenants need a minimum of 24hr notice for showings-

Features

4 bedrooms

3 bathrooms

1580 sq. ft. floor area

0.29 ac. lot size

Multi-Family

Property history for 1024 Cayton St

2020

Sold

$126,810

22 May 2020 by KAY MICHAEL ALEXANDER, of Howard Hanna

Happy sellers in Morgantown

We have insufficient information to provide an overview of customer satisfaction for Morgantown. Viewing the agent profiles, reviews and sales for Morgantown can provide insights for this location.