$450,000
FOR SALE7986 Frankfort Hwy
Fort Ashby, Wv, 26719
MLS #WVMI2003914
Subdivision: N/a
Building: -
5 Beds
3/1 Baths
2367 sqft
$ 190.11 /sqft
Versatile Income-Producing Property on Over 2 Acres x2013; Unrestricted & Multi-Lot OpportunityThis exceptional residential property offers a rare blend of immediate income, flexibility, and future development potential. Situated on three unrestricted lots totaling just over 2 acres, the property features a two-unit residence ideal for investors, multi-generational living, or owner-occupants seeking rental income.The upper apartment includes 3 bedrooms and 2 full bathrooms, while the lower apartment offers 2 bedrooms and 1.5 bathrooms. Each unit is equipped with separate water and electric meters, providing efficiency and ease of management. A new metal roof installed in 2015 adds long-term durability and peace of mind. Previously utilized as a landscape supply yard, the property includes a heavy-duty gravel lot rated for tractor trailers and dump truck deliveries, offering exceptional parking and commercial-grade utility. An equipment building is already serviced with electric and water, with interior outlets in placex2014;ideal for storage, workshop use, or future expansion.Outdoor living is elevated with a large wood-burning fireplace patio, complemented by an adjacent elevated patio perfect for grilling or a future outdoor kitchen. Mountain views and a natural stream running through the property create a peaceful setting while enhancing tenant appeal and long-term rental value.Located in a high-demand market with proven rental performance, this property supports long-term rentals, short-term rentals, or conversion back to a single-family residence. The unrestricted zoning and multiple lots provide numerous opportunities for future development, expansion, or resale. Adding to the propertyx2019;s upside, the current owner previously received county approval of a preliminary plan to add multiple rental cabins, highlighting the sitex2019;s strong development potentialA truly rare offering combining income generation, unrestricted land, ample parking, and scenic surroundings in a sought-after location that's close to schools, shopping, dining and many area recreational landmarks.
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Listing Courtesy of: Coldwell Banker Home Town Realty
