Income Generating 6-Unit Apartment Building in Chapmanville
Listing ID#: 819275
| Sale Location |
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25 Adams St. Chapmanville, WV 25508 |
| Sale Dates and Times |
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Tuesday Nov 18, 12:00 pm |
| Sale Type |
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  Live with Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Joe R. Pyle Complete Auction & Realty Service Contact: Alan Heldreth Phone: 3045926000 Email: info@joerpyleauctions.com Website: www.joerpyleauctions.com EstateSale.com ID#: 5968 View company information and listings |
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| Listing Terms and Conditions |
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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 unless otherwise noted. Auction company reserves the right to bid on behalf of the seller in an auction with reserve. 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. |
| Listing Information |
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REAL ESTATE AUCTION
Tuesday, November 18th at Noon
Registration & Inspection begin at 11:30AM
25 Adams St.
Chapmanville, WV
Don’t miss this investment opportunity — a well-maintained six-unit multi-family property located at 25 Adams St in Chapmanville, WV. Each unit features two bedrooms and two bathrooms, with washer/dryer hookups and independent metering for utilities. Fully rented on a month-to-month basis at $700 per unit, this income-producing property offers immediate cash flow. Just seconds from US-119 and only minutes from Logan, it comes with off-street parking, a workshop, and city water and sewer on approximately 0.38 acres.
Property Summary:
Lot Size: approx. 0.38 acres ±
Zoning: Residential / Multi–Family income use
City Water & Sewage
All units separately metered
Parking is available for all units
Includes workshop with a covered front porch
Great location: seconds from US-119, minutes to Logan
Building / Unit Details:
Total units: 6
Each unit: 2 bedrooms, 2 bathrooms
Configuration: Living room, dining room, washer/dryer hookups
All units currently rented month-to-month
Rent: $700/month per unit
Total gross monthly rent: approx. $4,200
All units currently occupied — immediate income potential
District 1, Map 3, Parcel 68
Legal Description (SUR) BETWEEN CHAPMANVILLE & 2ND FERRELL ADD W SIDE OF (EX 67.5X83)
Directions: From US-119, turn right at Chapmanville onto Friendly Neighborhood Drive. After about 0.2 miles, take a left onto Route 10 (Main Street). Continue for approximately 0.5 miles, then turn right onto Adams Street. The property will be about 100 feet on your left.
Coordinates: 37.967940 N, 82.018975 W
Contact for More Information
Auctioneer / Agent: Todd Short
10% buyer’s premium. 60 days to close. Please read full terms and conditions before bidding.
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
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