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213 Lincoln St
Grafton, WV 26354

Multifamily Investment - Fully Leased! · Residential Property For Sale · 5 Units

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Investment Highlights

100% Leased
Additional 0.1 Acre

Off-Street Parking
YarGreen/Yard Space

Executive Summary

Black Diamond Realty is pleased to present 213 Lincoln Street, a 4,301 (+/-) square foot apartment building containing five units on 0.19 acre. All units are fully leased and off-street parking is available. An additional 0.10 acre is available via two parcels adjacent the main parcel on the other side of Lincoln Street.
As of November 2024, the owner has installed facia, soffit along the entire back roof area, and siding on the shingled area. The owner has installed a new furnace in unit 5 as well as installed Central AC.

PROPERTY FACTS

Price Per Unit	£38,812	Lot Size	0.29 AC
Sale Type	Investment	Building Size	4,301 SF
No. Units	5	Average Occupancy	100%
Property Type	Residential	Number of Floors	2
Property Subtype	Apartment	Year Built	1928
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price Per Unit	£38,812
Sale Type	Investment
No. Units	5
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.29 AC
Building Size	4,301 SF
Average Occupancy	100%
Number of Floors	2
Year Built	1928
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
2+2	2	-	-
2+1	1	-	-
1+1	2	-	-

PROPERTY TAXES

Parcel Number	01-7-00840000	Improvements Assessment	£38,162
Land Assessment	£11,644	Total Assessment	£49,806

PROPERTY TAXES

Parcel Number

01-7-00840000

Land Assessment

£11,644

Improvements Assessment

£38,162

Total Assessment

£49,806

zoning

Zoning Code	No Zoning
No Zoning

Listing ID: 28564204
Date on Market: 24/05/2023
Last Updated:
Address: 213 Lincoln St, Grafton, WV 26354

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