Description
This opportunity is a great investment property! 8 studio apartments & 1 two bed apartment with 100% occupancy. fantastic location minutes from charles town & harpers ferry. block & brick building, wall heating & air conditioning in all units, new flooring and painting has been completed in each unit. central laundry room, paved circular drive & parking spaces. all this is situated on just over 1 acre. these units fill up fast, we hardly ever have any vacancy. the property is fully occupied with most units on month to month leases. property is on septic and well. two new septic tanks within 4 years. new septic drain lines within 1 year. new well pump and well uv filter within 4 years. expenses include; trash removal for $152 per month. electric utility is an average of $835.52 per month. landlord currently pays internet / cable but it can be charged to the tenants.
there is value add potential with this property; whether that’s continuing to increase the rents or by building on the front portion of the property. there is also potential to add a second story to the existing structure (see attached plans). please do your own research to confirm development potential.
the following updates have been completed in the last 4 years; new septic tanks plus drain lines, new well pump plus uv light filter, various cosmetic updates to each unit, coin operated washer and dryer. various units also have newer ptac units.
Property Type
Multi-FamilySubdivision
None AvailableCounty
JEFFERSONStyle
OtherAD ID
49215776
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Well
Interior Features
- Roof : Shingle
- Property Appliances: Dryer,Microwave,Refrigerator,Washer
Roofing Information
- Shingle
Heating & Cooling
- Cooling: Wall Unit
- Heating: Wall Unit
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1960
- Structure: Other
- Major Appliances: Dryer,Microwave,Refrigerator,Washer
- New Construction: No
- Total Units: 4
- Built: 1960
- Construction Material: Brick Front,Concrete
- Roof: Shingle
- Architecture: Other
- Pool/Private: No Pool
- Roof Type: Shingle
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Septic Exists
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 43,560
- Lot Size (Acres): 1.00
- Architectural Style: Other
- Main Square Feet: 43,560
Property Information
- SQ ft: 2,894
- SQ ft (Living Area): 2,894
- Total Lot SQ ft: 43,560
- Subdivision: NONE AVAILABLE
- Total Acreage: 1.00
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,493
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $149,200
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Features: Assigned,Circular Driveway,Parking Space Conveys
- Parking Type: Off Street,Driveway
Multi-Unit Information
- Roof: Shingle
Homeowners Association Information
- Direction: Rt 340, left on Halltown rd , see property on left.
-
School, Utilities & Location Details
School Information
- School District: JEFFERSON COUNTY SCHOOLS
Utility Information
- Water Source: Well
- Sewer: Septic Exists
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: Rt 340, left on Halltown rd , see property on left.
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BuyOwner last updated this listing 04/07/2025 @ 06:58
- MLS: WVJF2016754
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 43,560 sized lot, and 0 parking. are nearby neighborhoods.