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
Commercial Opportunity for sale in the heart of Follansbee! Almost half an acre on a corner lot that comes with 3 potential income producing properties! This property includes the bank building, the house next door which is currently rented, the big parking lot, and the commercial building next door all in one package! Call today to set up a tour! Properties being sold as is where is.
Follansbee is located in West Virginia. Follansbee, West Virginia has a population of 2,842. Follansbee is less family-centric than the surrounding county with 18.01% of the households containing married families with children. The county average for households married with children is 19.46%.
The median household income in Follansbee, West Virginia is $43,676. The median household income for the surrounding county is $51,210 compared to the national median of $69,021. The median age of people living in Follansbee is 48.7 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 20.7 degrees. The average rainfall is approximately 39.8 inches per year, with 28.2 inches of snow per year.
