BEDS0
BATHS
SQUARE FEET1,825
MLS#PABK2067634
STATUSACTIVE UNDER CONTRACT
PROPERTY TYPEMulti Unit - Multiple
SCHOOLTWIN VALLEY
Property Description
Ideal Investment Opportunity in the Heart of Morgantown! Welcome to this solid, income-producing duplex situated on a spacious 1/3-acre lot in the center of Morgantown. This well-built stone property features two well-maintained 2-bedroom units, each with private entrances and separate utilities—an excellent setup for owner-occupants or seasoned investors alike. Utilities are completely separate and metered separately. Each tenant pays their own utility bills. The first-floor unit offers a comfortable living room, eat-in kitchen with laundry, two bedrooms, and a full hall bath. The second-floor unit mirrors the layout with a living room, eat-in kitchen, two bedrooms, a full hall bath, and its own laundry area. Both units are equipped with electric heat pumps and central air, ensuring year-round comfort. Additional highlights include a full unfinished basement with Bilco door for exterior access, off-street parking, (2) 200-amp electric services, public water and sewer, and very low taxes. Tenants pay all utilities, keeping operating costs low and cash flow strong. Current cap rate is an attractive 6.7%. A rare opportunity to acquire a centrally located duplex with strong fundamentals, solid construction, and excellent income potential. Don’t miss this one!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished, Outside Entrance
Basement: Yes
Cooling: Central A/C
Fuel Type: Electric
Heating: Heat Pump - Electric BackUp
Home Style: Colonial
Lot Size: 0.36 Acres
Roof Type: Pitched, Shingle
Taxes: $2,824
Year Built: 1930
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 30
Electric: 200+ Amp Service, Circuit Breakers
Exterior: Stone, Vinyl Siding
Exterior: Sidewalks, Street Lights
Flooring: Carpet, Ceramic Tile, Laminated
Interior: Bathroom - Stall Shower, Carpet
Lot Dimensions: 0.36 Acre(S)
Municipality: CAERNARVON TWP
Parking Notes: Private
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 6
Two Bedroom Units: 2
Units: 2
Utilities: Cable TV Available
Water: Public
Windows: Replacement
Local Schools
School District: TWIN VALLEY
Listed By / Shown By
Listed By
Agency Name: RE/MAX Preferred - Malvern
Agency Phone: 6109026100
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,053.43 per month $723.31 Principal & Interest $235.33 Property Tax $94.79 Homeowner's InsuranceChange Payment Information
2964 Main Street | MLS# PABK2067634
This multi-family property located at 2964 Main Street, Morgantown, PA 19543 is currently listed for sale with an asking price of $325,000. Main Street is located within the TWIN VALLEY school district. Search Morgantown real estate on www.realtymark.net today.