$ 450,000
-
$450,000
Price -
5
Bed -
3.5
Bath -
2,367
SqFt
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About the Listing CBHT1 - 143497
Versatile Income-Producing Property on Over 2 Acres – Unrestricted & Multi-Lot Opportunity This 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 place—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 property’s upside, the current owner previously received county approval of a preliminary plan to add multiple rental cabins, highlighting the site’s strong development potential A 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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Residential
MLS ®
WVMI2003914
Year Built
1991
Total Square Footage
2,367
Lot/Acreage
2.09
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full / 1 Half
- Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
- Air Cond: Heat Pump(s)
- Heating: Forced Air,Heat Pump(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2367
- Below Ground Sq Ft: n/a
- Basement: Outside Entrance,Full,Fully Finished,Heated
- Other: Attic,Dining Area,No Pet Restrictions,Pets Allowed,Main Floor Bedrooms: 3
- Water: Public
Exterior Details
- Lot Description: Landscaping,Stream/Creek,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RESIDENTIAL
- Roof:
- Others: Extensive Hardscape,Very Good
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $869
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
7986 Frankfort Hwy Fort Ashby, WV 26719
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