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7986 Frankfort Hwy, Fort Ashby, WV, 26719

5beds
4baths
2,367sqft
$429,000
$181price/sqft
$3,023/moest. monthly cost
$120,920/yrincome needed

About This Home

Versatile Income-Producing Property on Over 2 Acres – Unrestricted & Multi-Lot Opportunity This exceptional residential property offers a rare blend of immediate income, flexibility, and future development potential. Situated on three unrestricted lots totaling just over 2 acres, the property features a two-unit residence ideal for investors, multi-generational living, or owner-occupants seeking rental income. The upper apartment includes 3 bedrooms and 2 full bathrooms, while the lower apartment offers 2 bedrooms and 1.5 bathrooms. Each unit is equipped with separate water and electric meters, providing efficiency and ease of management. A new metal roof installed in 2015 adds long-term durability and peace of mind. Previously utilized as a landscape supply yard, the property includes a heavy-duty gravel lot rated for tractor trailers and dump truck deliveries, offering exceptional parking and commercial-grade utility. An equipment building is already serviced with electric and water, with interior outlets in place—ideal for storage, workshop use, or future expansion. Outdoor living is elevated with a large wood-burning fireplace patio, complemented by an adjacent elevated patio perfect for grilling or a future outdoor kitchen. Mountain views and a natural stream running through the property create a peaceful setting while enhancing tenant appeal and long-term rental value. Located in a high-demand market with proven rental performance, this property supports long-term rentals, short-term rentals, or conversion back to a single-family residence. The unrestricted zoning and multiple lots provide numerous opportunities for future development, expansion, or resale. Adding to the property’s upside, the current owner previously received county approval of a preliminary plan to add multiple rental cabins, highlighting the site’s strong development potential A truly rare offering combining income generation, unrestricted land, ample parking, and scenic surroundings in a sought-after location that's close to schools, shopping, dining and many area recreational landmarks.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
Frankfort Middle SchoolGrades 5-81.5 mi
10/10
Frankfort High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1991

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Oven/Range - Electric,Refrigerator,Washer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Full,Finished,Heated

Bedroom1

  • Features: Flooring - Carpet
  • Level: Main
  • Area: 170
  • Dimensions: 10 X 17

Bedroom2

  • Features: Flooring - Carpet
  • Level: Main
  • Area: 143
  • Dimensions: 11 X 13

Bedroom3

  • Features: Flooring - Laminated
  • Level: Lower

Bedroom4

  • Features: Flooring - Laminated
  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Features: Flooring - Carpet
  • Level: Main
  • Area: 200
  • Dimensions: 20 X 10

Family Room

  • Features: Flooring - Carpet
  • Level: Main
  • Area: 228
  • Dimensions: 12 X 19

Features

  • Attic,Dining Area
  • Finished area above ground: 2,367

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Electric
  • Cooling features: Heat Pump,Electric

Interior Area

  • Total structure area: 2,367
  • Total interior livable area: 2,367 sqft

Kitchen

  • Features: Flooring - Carpet
  • Level: Main
  • Area: 224
  • Dimensions: 16 X 14

Living Room

  • Features: Flooring - Carpet
  • Level: Main
  • Area: 300
  • Dimensions: 15 X 20

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: NO TAX RECORD
  • Zoning: 100
  • Zoning description: RESIDENTIAL
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Patio
  • Exterior features: Extensive Hardscape
  • Has view: Yes
  • View description: Mountain(s),Trees/Woods,Street

Lot

  • Lot size: 2.09 Acres
  • Features: Landscaped,Stream/Creek

Parking

  • Parking features: Off Street