Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

320 Watts St, Morgantown, WV, 26501

12beds
6baths
4,800sqft
$749,000
$156price/sqft
$4,888/moest. monthly cost
$195,520/yrincome needed

About This Home

Discover a distinctive six-unit multifamily opportunity in Morgantown’s South Park Historic District. Located at 320 Watts Street, this well-maintained property combines neighborhood character with the flexibility of an established rental history that includes standard long-term leases and furnished short- and mid-term stays through Airbnb and Furnished Finder. A future owner has the flexibility of pursuing a long-term, furnished, or blended rental strategy. The apartments range from approximately 600 to 900 square feet and offer a variety of layouts and features. Each unit includes essential appliances, while select units feature in-unit laundry, dishwashers, and stainless steel appliances. Existing furnishings and household items associated with the furnished rental operation convey, providing a substantial advantage for a buyer wishing to continue offering equipped, move-in-ready accommodations. Abundant off-street parking - a rare feature in this area - adds convenience for tenants and guests, while generous storage space supports property operations. Additional highlights include a newer roof (replaced in 2022) and a current City of Morgantown Letter of Compliance valid through May 2029. Convenient to downtown Morgantown, WVU, healthcare facilities, local employers, dining, shopping, and recreation, the location supports demand from long-term residents, university-affiliated renters, traveling professionals, relocating households, and visitors. With six units and multiple potential income streams, this property offers an appealing opportunity in the Morgantown rental market.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

6/10
7/10
South Middle SchoolGrades 6-80.8 mi
7/10
Morgantown High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Block,Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Block,Frame,Shake Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Washer Hookup,Common Area,Washer/Dryer Some

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Concrete,Exterior Entry,Garage Access,Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • High Speed Internet,Other
  • Window features: Window Treatments
  • Flooring: Luxury Vinyl Plank,Other,Vinyl,Carpet,Wood
  • Attic: Interior Access Only,Permanent Stairs
  • Finished area below ground: 3

Heating & Cooling

  • Heating features: Electric,Forced Air,Natural Gas,Wall Furnace
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 4,800
  • Total interior livable area: 4,800 sqft

Property

Details

  • Parcel number: 3110003601250000 (+0126)
  • Zoning description: Apartment Residential

Features

  • Levels: 3
  • Stories: 3
  • Patio & porch: Patio
  • Exterior features: Other,Lighting
  • Fencing: None
  • Has view: Yes
  • View description: Neighborhood
  • Waterfront features: None

Lot

  • Lot size: 8,015 sqft
  • Features: Level,Other
  • Lot size dimensions: Irreg.

Parking

  • Parking features: Off Street,Other,Storage In Garage
  • Has garage: Yes
  • Has uncovered spaces: Yes