VICTORIAN HOME WITH COMMERCIAL UNITS: MAIN STREET CHARM & INVESTMENT OPPORTUNITY

Asking Price: $485,000
208 E Main St Glenville, WV Usa

About 208 E Main St:

Welcome to Main Street in downtown Glenville, where opportunity meets charm. This unique property offers a rare combination of a Victorian home and commercial units, making it the perfect investment for those seeking both a business venture and a family home. With a late 1800s brick home divided into two living quarters, along with five additional rental units, this property is a true gem.

As you approach the property, the curb appeal is undeniable. The front deck boasts two main entries, dividing the living quarters of the home. The upstairs space is fully turn-key, with original woodwork and unique features such as a turret, multiple fireplaces, and original hardwood floors. The upstairs living space is a sight to behold, offering the perfect blend of historic charm and modern convenience. Moreover, the separate front door entrance to the second living space allows for easy conversion into an additional income unit. While the downstairs space requires some cosmetic work to match the quality of the rest of the home, it holds incredible potential.

In addition to the Victorian home, the property features a deck with street views, a detached two-story cellar house with ample storage and one bathroom, and a remodeled guest house. The guest house, currently renting for $750.00 a month, offers a comfortable living area, a full kitchen, one bedroom, and one bathroom. Whether you choose to rent it out or utilize it as a private space for guests, this guest house is a valuable asset.

Adjacent to the Victorian home, you will find four additional rental units. Two of the downstairs units are currently occupied by well-established businesses, namely the Family Resource Network and Main Street Gallery. These businesses not only provide a stable income but also contribute to the vibrant atmosphere of Main Street. The remaining upstairs units are in excellent condition, with approximately 1000 square feet per unit. Each apartment includes a full kitchen, a spacious living area, a single bathroom, and two bedrooms. These units offer a comfortable and modern living space for tenants.

While preference will be given to a buyer willing to purchase the entire advertised listing, the sellers are open to entertaining offers for the Victorian home with guest house and multi-unit rentals separately. This flexibility opens up possibilities for buyers who may be interested in specific components of the property. However, all buyers must provide proof of funds or a pre-approval letter before scheduling a showing.

Priced at $485,000, this property offers an incredible investment opportunity. With a mix of residential and commercial units, it allows for multiple income streams. The location on Main Street in downtown Glenville ensures a steady flow of foot traffic and a vibrant community atmosphere. Don't miss out on this chance to own a piece of history while securing a solid financial future. Contact us today to arrange a viewing and discover the endless possibilities this property holds.

Features of Property

Type

Multi family

Heating

Has heating (unspecified type)

Other

No data

Parking

No data

Features of Building

Bedrooms and bathrooms
Bathrooms

0

Heating
Heating features

Has Heating (Unspecified Type)

Other interior features
Total structure area

0

Finished area above ground

0

Property
View description

City, Street

Frontage length

0

Lot
Lot size

0.49 Acres

Other property information
Lease amount

$0

Type and style
Home type

MultiFamily

Property subType

Multi Family

Condition
New construction

No

Year built

0

Utility
Electric information

Amps(0)

Sewer information

Municipal

Water information

Municipal

Location
Region

Glenville

HOA
Has HOA

No

Other facts
Listing Agreement

Exclusive

Available date

08/09/2023

Property Agent

Wyndi Yanero

Central WV Real Estate, LLC