Investment opportunity in Follansbee, WV! This four-unit residential rental property includes two houses and two mobile homes, all situated on one property. All four units are currently rented with long-term tenants in place, offering an established rental history for the next owner. The property features a variety of unit styles and several recent exterior improvements. Unit 1 is a one-bedroom, one-bath home with an additional attached room that could serve as an office, den, nursery, or bonus space, plus a sunporch and laundry room. Updates include a new (2025) metal roof, gutters and downspouts along with some new soffit and fascia, plus a fenced yard. Stove and refrigerator are included. Unit 2 is a two-bedroom, one-bath home with a two-car attached garage, plus an additional garage/storage area ideal for lawn equipment, tools, or extra storage. This unit also features a new 2025 metal roof, soffit, gutters, and downspouts. Refrigerator and stove are included. Exterior painted in 2025. The back house comes with a level decent sized yard. Unit 3 is a two-bedroom, one-bath mobile home with a small front yard and side parking. This unit is currently tenant-occupied and in need of work. Roof coated in 2025. Refrigerator and stove are included. Unit 4 is a two-bedroom mobile home with a front porch, small front yard , and side parking. Recent exterior improvements include fresh exterior paint with shutters approximately one year ago and a roof coating completed last summer. This unit includes an electric furnace, electric hot water tank, stove, and refrigerator. This home is located in the back. This is a great opportunity for investors looking for an income-producing property with existing tenants, multiple rental units, garage/storage space, parking, and long-term rental history
Listed By
Agency Name: LPT Realty, LLC
Agency Contact: lisamstraight@gmail.com, 304-919-9085
Shown By
Agent Name: Susan Hallstrom
Agent Phone: (740) 310-0118
Agency Title: Sulek & Experts Real Estate
Estimated Payment
$ 608.02 per month $422.64 Principal & Interest $130.00 Property Tax $55.39 Homeowner's Insurance
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403 Lee Road | MLS# 5220836
This multi-family property located at 403 Lee Road, Follansbee, WV 26037 is currently listed for sale with an asking price of $189,900. Lee Road is located within the Brooke WV City school district. Search Follansbee real estate on shallstrom.sulekandexperts.com today.