If you’re looking for a profitable investment opportunity in West Virginia, then look no further than this investment property for sale on the southside of Huntington. This property is part of a rental portfolio and is currently leased out for $850 a month on a Mon/Mon basis.
The property itself is a single-family home that’s been well-maintained and features three bedrooms and two bathrooms. It’s located in a desirable neighborhood that’s close to shopping, dining, and entertainment options. Plus, it’s just a short drive away from downtown Huntington and Marshall University, making it an ideal location for renters.
One of the biggest advantages of investing in rental property is the potential for a steady stream of passive income. With this property, you’ll be able to earn $850 a month in rental income, which can go a long way towards covering your mortgage payments and other expenses. Plus, as the property appreciates in value over time, you’ll be able to build equity and potentially earn a profit when you sell the property in the future.
Another advantage of this investment property is that it’s already part of a rental portfolio, which means that you won’t have to start from scratch when it comes to finding and vetting tenants. The current lease is in place until the end of the month, so you’ll be able to start earning rental income right away without having to worry about finding new tenants.
Of course, owning rental property does come with some responsibilities and risks. You’ll need to be prepared to handle maintenance and repair issues as they arise, as well as dealing with any tenant disputes or issues. However, if you’re willing to put in the time and effort, owning rental property can be a lucrative and rewarding investment opportunity.
In summary, if you’re looking for a great investment opportunity in West Virginia, then this investment property for sale on the southside of Huntington is definitely worth considering. With its desirable location, steady rental income, and potential for long-term appreciation, it’s a smart investment that could pay off for years to come. Contact a local real estate agent for more information and to schedule a showing today.