SOLD $305,250 - Fully Occupied 6-Unit Multifamily Investment Property in St. Albans

Timed auction by Joe R. Pyle Complete Auction & Realty, LLC

Starts Aug 15, 2026 12:00 PM EDT. Ends Sep 22, 2026 6:00 PM EDT

Online Real Estate Auction   Bidding begins closing Tuesday, September 22nd at 6:00PM   2200 Shadyside Road Saint Albans, WV   Fully Occupied 6-Unit Multifamily Investment Property   Property Highlights 6-unit apartment building Fully occupied / 100% rented (2) 3-bedroom, 1.5-bath units (4) 1-bedroom, 1-bath units 11 total parking spaces Situated on approximately 0.12± acre, as assessed Tenants pay utilities Owner pays trash Potential opportunity to create additional parking and/or explore additional apartment units, subject to approvals   Current Rental Income (2) 3-bedroom units renting for $1,000/month each (3) 1-bedroom units renting for $600/month each (1) 1-bedroom unit renting for $700/month Total Monthly Rental Income: $4,500 Total Annual Gross Rental Income: $54,000 100% occupancy   Updates & Improvements 4 of 6 HVAC systems updated 5 of 6 refrigerators updated 4 of 6 hot water tanks updated 5 of 6 dishwashers updated 3 of 6 ovens/ranges updated Roof approximately 10–12 years old   Investment Highlights Fully occupied income-producing multifamily property Established rental income from all 6 units $54,000 current annual gross rental income Tenants responsible for utilities, excluding trash Mix of 1-bedroom and 3-bedroom apartments Numerous HVAC, appliance, and hot water tank updates 11 on-site parking spaces Opportunity for continued improvements to remaining units Potential value-add opportunity through future rent growth Potential for additional parking and/or apartment expansion, subject to zoning, permitting, and other applicable approvals   Legal Description: 63/100A UNNUMBERED LT LAKEWOOD IN THE HILLS SHADYSIDE RD 2200 and 621/1000A BEING PT PAR A LAKEWOOD IN THE HILLS SHADYSIDE RD 2200 District 16, Map 6, Parcels 133.1 & 133.2   10% buyer’s premium.  60 days to close.  Please read full terms and conditions before bidding.

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