3BR Home in Charleston , WV

About This Property

3 bedroom, 1.5 bathroom home spanning approximately 1,800 square feet in Charleston's established Washington Street / Edgewood area. This spacious home offers large living areas, generous bedroom sizes, and a functional layout with strong rental, owner-occupant, or assisted living potential. The property sits on a sizable lot and provides ample space for a family, group home, sober living operation, or long-term hold strategy. The home would benefit from cosmetic updates and modernization, creating an opportunity to add value and build equity. With approximately 1,800 square feet of living space and attractive existing financing in place, this property presents a unique creative finance opportunity for investors seeking and long-term appreciation. Available via Hybrid Subject-To / Seller Finance. Existing Financing 1st Mortgage (Subject-To) Interest Rate: 2.99% Principal & Interest: $592.75 Taxes & Insurance (Escrow): $385.61 Total.36 Remaining Loan Balance: Contact for details 2nd Mortgage (Seller Carryback) Balance: Contact for details 30-Year Amortization 5-Year Seller-financed, creating a low cash-to-close opportunity for the right buyer. Potential Uses Long-term rental Rent-to-own / Lease Option Sober living or group home Owner-occupant resale Buy-and-hold investment This is an opportunity to acquire a property with a sub-3% existing first existing financing in place low monthly debt service, and flexible seller financing that would be difficult to replicate in today's lending environment. The combination of existing financing and seller carryback debt allows investors to control the property with significantly less capital than a traditional purchase while benefiting from long-term appreciation and potential.

Features & Highlights