$450,000
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7986 Frankfort Highway Fort Ashby, WV 26719
Single Family-Detached
Residence
5
Beds
4
Baths
...
Bed/Bath
2,367
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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 featu...res 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.
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MLS#
WVMI2003914
Property Type
Single Family-Detached
Bedrooms
5
Bathrooms
3 Full/1 Half
Year Built
1991
Square Feet
2,367
sq. ft
Price per Sq. Ft.
$190.11
Lot Size
2.09
Stories
2.0
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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