Sold

2964 Main Street, Morgantown, PA 19543

Beds
4
Sqft
1,825

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX Preferred - Malvern
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Overview

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. Utilities are completely separate and metered separately. Each tenant pays their own utility bills.

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!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Square feet
1,825
Lot size (acres)
0.36
Year built
1930

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Electric, Heat pump
Cooling
Central air, Electric
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$1,635

Taxes

Tax Annual Amount (2025)
$2,824

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PABK2067634 Last checked:

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