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.
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!
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| List Price | $325,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 1,825 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 35531016848472 |
| MLS # | PABK2067634 |
| Property ID | 322555774 |
| Lot Sqft | 15,682 |
| Zoning | MULTI |
| Total Units | 2 |
| Date Updated | January 31, 2026 |
| Date Created | January 30, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $28,800 | $0 |
| Net Income (Yr) | $ 21,979 |
| Cap Rate | 6.70% |
Martin L Lockhart an agent of . Lic #AB061255L
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT