531 King W

MARTINSBURG, WV 25401

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 6000
    Sqft(Lot)
$470,000

Description

This property is fully rented, and the leases remain in effect after the sale. the current rent roll is $4,775.00, monthly which includes pet fees.
this is an old building that has been modified over time, and all measurements and footage are estimates. the current owner has renovated almost the entire building. the roof was replaced before the owner purchased the building. it is a low-maintenance, income-generating property ready for its next owner to collect the rents. it comes with a concrete block garage/storage space at the back of the property and offers a small fenced backyard to the tenant in unit d. the property adjoins the woolen mill condo project, which may increase the property's value upon completion as martinsburg continues to develop.
the property reflects the characteristics of old downtown martinsburg. it is one block from the garage at king, a few blocks from the judicial center, and within walking distance of various downtown martinsburg events. it is also four blocks from burke street park and the walking trail, approximately four blocks from the marc train station and roundhouse, and two blocks from everything cheesecake. its location is convenient.
viewing times for the property are limited to respect the tenants' working hours and privacy. showings are only available on saturdays and sundays from 11:00am to 2:00pm. there is no lockbox and no sign. please schedule online. thank you.

  • Property Type

    Multi-Family

  • Subdivision

    None Available

  • County

    BERKELEY

  • Style

    Colonial

  • AD ID

    49126354

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Other
    • Roof : Architectural Shingle

    Roofing Information

    • Architectural Shingle

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard - Electric
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1935
    • Structure: Other
    • New Construction: No
    • Total Units: 4
    • Built: 1935
    • Construction Material: Brick,Stone,Wood Siding,Aluminum Siding,Concrete,Combination
    • Roof: Architectural Shingle
    • Architecture: Colonial
    • Pool/Private: No Pool
    • Roof Type: Architectural Shingle

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 6,000
    • Lot Size (Acres): 0.14
    • Architectural Style: Colonial
    • Main Square Feet: 6,000

    Property Information

    • SQ ft: 3,000
    • SQ ft (Living Area): 3,000
    • Total Lot SQ ft: 6,000
    • Subdivision: NONE AVAILABLE
    • Financing: Cash,Conventional,FHA
    • Total Acreage: 0.14
    • New Construction: No
    • Type: Colonial

  • Listing Information

    • Possession: Coin w/Sell Sett
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $3,123
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Coin w/Sell Sett

    Assessment Information

    • Taxes Assessment Amount: $98,520

  • Virtual Tour

    Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,FHA
    • Roof: Architectural Shingle

    Homeowners Association Information

    • Direction: From 81 Take the King Street Exit towards Martinsburg. It will be on the right one block prior to Winchester Avenue

  • School Information

    • High School: MARTINSBURG
    • School District: BERKELEY COUNTY SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: From 81 Take the King Street Exit towards Martinsburg. It will be on the right one block prior to Winchester Avenue
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BuyOwner last updated this listing 04/07/2025 @ 07:02

  • MLS: WVBE2038730
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 6,000 sized lot, and 0 parking. are nearby neighborhoods.