2618 & 2620 Furlong Ave, Saint Albans, WV 25177
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Remarks
2618–2620 Furlong Avenue | Duplex
Saint Albans
This fully occupied duplex at 2618–2620 Furlong Avenue consists of two 2-bedroom, 1-bath units and is being offered as an income-producing investment property with built-in rental upside. Both units are occupied by long-term tenants of over four years and operate under month-to-month lease terms.
Unit 2618 is currently rented for $525 per month, with an agreed-upon rent increase to $650 per month scheduled after six months. The tenants were relocated from another unit due to sewer issues, and rent was temporarily maintained at the prior rate with the future adjustment acknowledged. Unit 2620 is rented for $600 per month. Current total monthly rent is $1,125, with a projected monthly rent of $1,250 once the increase takes effect.
Annual property taxes are $1,354. Recurring municipal expenses include a $7.50 monthly utilities fee and a $75 city services fee billed quarterly. Month-to-month tenancy provides operational flexibility while the scheduled rent adjustment offers near-term income growth.
For additional details or financial information, please contact Lori Green.
Advantage Real Estate
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