Property Description

Discover a distinctive six-unit multifamily opportunity in Morgantown's South Park Historic District. Located at 320 Watts Street, this well-maintained property combines neighborhood character with the flexibility of an established rental history that includes standard long-term leases and furnished short- and mid-term stays through Airbnb and Furnished Finder. A future owner has the flexibility of pursuing a long-term, furnished, or blended rental strategy. The apartments range from approximately 600 to 900 square feet and offer a variety of layouts and features. Each unit includes essential appliances, while select units feature in-unit laundry, dishwashers, and stainless steel appliances. Existing furnishings and household items associated with the furnished rental operation convey, providing a substantial advantage for a buyer wishing to continue offering equipped, move-in-ready accommodations. Abundant off-street parking - a rare feature in this area - adds convenience for tenants and guests, while generous storage space supports property operations. Additional highlights include a newer roof (replaced in 2022) and a current City of Morgantown Letter of Compliance valid through May 2029. Convenient to downtown Morgantown, WVU, healthcare facilities, local employers, dining, shopping, and recreation, the location supports demand from long-term residents, university-affiliated renters, traveling professionals, relocating households, and visitors. With six units and multiple potential income streams, this property offers an appealing opportunity in the Morgantown rental market.

Property Features

Units

Local Schools