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Sold for $335,000 on 11/21/22
  • $335,000

    508510 Winchester Ave, Martinsburg, WV 25401

    8beds
    --baths
    4,710sqft
    Quadruplex
    Built in 1900
    -- sqft lot
    $402,700 Zestimate®
    $71/sqft
    $1,248 Estimated rent

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    $1,248/mo

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    $1,248/mo

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    $1,912/mo

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    $1,912/mo

    Est. payment

    What's special

    Quadplex.. Rare Investment opportunity! Real Estate Investing's Best Kept Secret. Not many are built or come on the market! Exceptional, Fully rented, large 4 unit all brick Quadplex,2 one bedroom units, 2 two to three bedroom units, 6 baths, 4 porches/2 balconies, garage + off street parking. Two long term tenants. Convenient in town location. Property is Well cared for with Numerous improvements: Roof replaced, all 50 windows and blinds replaced, 4 HVAC Units Replaced, 4 water heaters replaced, porches/balconies and railings redone, replaced all sewage line in basement and backyard, rerouted down spouts to street and much, much more. ( Owner retiring and traveling). Unique advantages of a Quadplex as a landlord. You can build your portfolio and passive income much faster buying 4 units at a time. If you live in one of the units as your primary residence, you may be able to qualify for a conventional of FHA loan ( low or no money down) to purchase a Quadplex, just like a single family home. By living in one unit and renting out the rest, you can live for free or almost free while your tenants make your mortgage payment every month. Putting multiple units under one roof makes them easier and cheaper to manage. Exceptional property.

    Zillow last checked: 7 hours ago

    Listing updated: January 26, 2025 at 09:01pm

    Listed by:

    Carolyn Snyder 304-283-1537,

    Snyder Bailey & Associates

    Bought with:

    Carolyn Snyder, WV0001251

    Snyder Bailey & Associates

    Source: Bright MLS,MLS#: WVBE2013992MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Baseboard, Forced Air, Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned, Water Heater, Electric Water Heater
    Features
    • Eat-in Kitchen, Dry Wall, Plaster Walls
    • Flooring: Engineered Wood, Vinyl, Carpet, Hardwood, Wood
    • Doors: Double Entry
    • Windows: Double Pane Windows, Double Hung, Energy Efficient, Low Emissivity Windows, Screens, Vinyl Clad
    • Basement: Full,Exterior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,710
    • Total interior livable area: 4,710 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Rear, Covered, Assigned, Gravel, Detached, Other, Off Street
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: Other
    Features
    • Patio & porch: Porch
    • Exterior features: Balcony
    • Pool features: None
    • Has view: Yes
    • View description: City, Street
    • Frontage type: Road Frontage
    Lot
    • Size: 5,602 sqft
    • Features: Front Yard, Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 06 17012100000000
    • Zoning: 104
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex
    Materials
    • Brick, Concrete, CPVC/PVC, Glass, Masonry
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 1900
    • Major remodel year: 2019

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Cable

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Martinsburg
    • Municipality: City Of Martinsburg

    HOA & financial

    Other financial information
    • Total actual rent: 34920

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Listing terms: FHA,Conventional
    • Ownership: Fee Simple
    • Road surface type: Paved
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $402,700
    2% more+$8,054
    With Zillow Showcase(estimated)$410,754