Fort Ashby, WV 26719,7986 FRANKFORT HWY
Fort Ashby, WV 26719,7986 FRANKFORT HWY
Fort Ashby, WV 26719,7986 FRANKFORT HWY
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Listed by Sharon K Kay Murray • Coldwell Banker Home Town Realty
$450,000
Est. payment /mo
5 Beds
4 Baths
2,367 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,367 sqft

Price per Sqft $190

MLS Listing ID WVMI2003914

Style Ranch/Rambler

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 2,367

Year Built 1991

Annual Tax Amount $869

Tax Year 2025

Lot Size 2.090 Acres

Acres 2.09

Property Sub-Type Detached

Source BRIGHT

Property Description

Versatile Income-Producing Property on Over 2 Acres – Unrestricted & Multi-Lot Opportunity

This exceptional residential property offers a rare blend of immediate income, flexibility, and future development potential. Situated on three unrestricted lots totaling just over 2 acres, the property features a two-unit residence ideal for investors, multi-generational living, or owner-occupants seeking rental income.

The upper apartment includes 3 bedrooms and 2 full bathrooms, while the lower apartment offers 2 bedrooms and 1.5 bathrooms. Each unit is equipped with separate water and electric meters, providing efficiency and ease of management. A new metal roof installed in 2015 adds long-term durability and peace of mind.

Previously utilized as a landscape supply yard, the property includes a heavy-duty gravel lot rated for tractor trailers and dump truck deliveries, offering exceptional parking and commercial-grade utility. An equipment building is already serviced with electric and water, with interior outlets in place—ideal for storage, workshop use, or future expansion.

Outdoor living is elevated with a large wood-burning fireplace patio, complemented by an adjacent elevated patio perfect for grilling or a future outdoor kitchen. Mountain views and a natural stream running through the property create a peaceful setting while enhancing tenant appeal and long-term rental value.

Located in a high-demand market with proven rental performance, this property supports long-term rentals, short-term rentals, or conversion back to a single-family residence. The unrestricted zoning and multiple lots provide numerous opportunities for future development, expansion, or resale. Adding to the property's upside, the current owner previously received county approval of a preliminary plan to add multiple rental cabins, highlighting the site's strong development potential

A truly rare offering combining income generation, unrestricted land, ample parking, and scenic surroundings in a sought-after location that's close to schools, shopping, dining and many area recreational landmarks.

Location

State WV

County Mineral

Zoning 100

Rooms

Other Rooms Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1

Basement Outside Entrance, Full, Fully Finished, Heated

Main Level Bedrooms 3

Interior

Interior Features Attic, Dining Area

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Heat Pump(s)

Equipment Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer

Fireplace N

Appliance Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer

Heat Source Electric

Exterior

Exterior Feature Deck(s), Patio(s)

Water Access N

View Mountain, Trees/Woods, Street

Accessibility None

Porch Deck(s), Patio(s)

Garage N

Building

Lot Description Landscaping, Stream/Creek

Story 2

Foundation Block

Above Ground Finished SqFt 2367

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

High Schools Frankfort

School District Mineral County Schools

Others

Pets Allowed Y

Senior Community No

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source 2367

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Pets Allowed No Pet Restrictions


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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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7986 FRANKFORT HWY