7986 FRANKFORT HWY, Fort Ashby, WV 26719

• 5 beds |
• 4 baths |
• 2,367 sqft

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.

Listing Status:

Active

Data Last Updated:

March 12, 2026 at 10:19PM

Listing Office:

Coldwell Banker Home Town Realty : 3047883322

Listing Agent:

Sharon K Kay Murray : 3017075371

MLS ID:

WVMI2003914

Interior

• General: AtticDining Area
• Rooms: Living RoomDining RoomBedroom 2Bedroom 3Bedroom 4KitchenFamily RoomBedroom 1
• Appliances: DishwasherDryerOven/Range - ElectricRefrigeratorWasher
• Basement: Outside entranceFullFully finishedHeated
• A/C: Heat Pump(s)
• Heating: Forced AirHeat Pump(s)Electric
• Disability Feature: None

Exterior

• General: Extensive HardscapeAbove Grade
• Style: Ranch/Rambler
• Other Structures: DeckPatio

Construction

• General: Vinyl Siding2Block

Location

• Originating MLS: BRIGHT_MAIN
• School District: MINERAL COUNTY SCHOOLS
• County: MINERAL-WV

Lot

• Zoning: 100NO TAX RECORD
• View: MountainTrees/WoodsStreet

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN