OFFER DEADLINE SET! There have been multiple offers received and a deadline to submit has been set for Friday, September 15th at 1pm. If you intend to submit an offer, please let me know as soon as possible. Thank you! 24 Hr. Notice required for tenants* Welcome to an incredible investment opportunity in the heart of the downtown district! This historic multi-unit property, boasting four tenant-occupied rental units, is a gem waiting to be restored to its complete former glory. The property offers four rental units. There are three 1-bedroom units, perfect for professionals or couples, and a more spacious 2-bedroom unit. Located in a vibrant community, this property offers both charm and potential for savvy investors. Situated just a few short blocks from the bustling main street, this property enjoys easy access to the downtown scene. Within walking distance, you'll find an array of dining options as well as the local theater. Not only is this area completely walkable, but commuters will appreciate the convenience of being within close proximity to the train station, making travel to nearby cities and beyond a breeze. The local University is just a 15-minute drive. The property retains its original charm, with hardwood floors and large front porch. The backyard area with ample shade cover can offer a tranquil escape for tenants to relax and unwind. This space could be transformed into a lush garden or an inviting communal area for all residents to enjoy. Since all four units are currently tenant-occupied, it can help ensure a steady rental income from day one. This makes it an excellent opportunity for investors looking for immediate returns. Whether you're looking to expand your real estate portfolio or start your investment journey, this property is a promising choice. Don't miss out on the chance to own a piece of this thriving downtown community and unlock the full potential of this charming multi-unit property. Embrace the opportunity to restore its former glory and capitalize on the exciting growth of the area. Contact me today to schedule a viewing and explore this remarkable investment prospect. Property being sold as-is.
Sold for $220,000 on 09/29/23
$220,000
316 W Martin St, Martinsburg, WV 25401
9beds
--baths
3,190sqft
Quadruplex
Built in 1900
-- sqft lot
$321,100 Zestimate®
$69/sqft
$1,422 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 29, 2023 at 06:25am
Listed by:
Claire West 240-707-9908,
RE/MAX Roots
Bought with:
Claire West
RE/MAX Roots
Source: Bright MLS,MLS#: WVBE2022414
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,190
- Total interior livable area: 3,190 sqft
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,400 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 06 10023500000000
- Zoning: 104
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Foundation: Other
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Martinsburg
- Municipality: City Of Martinsburg
HOA & financial
Other financial information
- Total actual rent: 29520
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$321,100
2% more+$6,422
With Zillow Showcase(estimated)$327,522