This fully occupied 7-unit apartment building offers established rental income with potential for future income growth. Six units feature two-story, townhouse-style layouts with 2 bedrooms and 1.5 baths, while the seventh is a single-level 2-bedroom, 1-bath unit. Rents total $4,450/month with several very long-term tenants. There are a couple of recent one year leases and some month-to-month tenants. Each unit has its own central heating and air system, washer/dryer hookups and off-street parking. Tenants pay their own utilities. Several HVAC systems have been replaced in recent years. Conveniently located within walking distance of Hamlin PK-8. 30-35 minutes to Milton, Barboursville and Hurricane.
Hamlin is located in West Virginia. Hamlin, West Virginia has a population of 1,527. Hamlin is less family-centric than the surrounding county with 24.87% of the households containing married families with children. The county average for households married with children is 28.23%.
The median household income in Hamlin, West Virginia is $32,470. The median household income for the surrounding county is $46,683 compared to the national median of $69,021. The median age of people living in Hamlin is 36.7 years.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 22.5 degrees. The average rainfall is approximately 45.8 inches per year, with 20 inches of snow per year.
