405 Race Street
Martinsburg, WV 25401
MLS #BE10138447

Multi-Family
  • 3units
  • 0.25acres
$229,900
Est. P&I payment: $878.06/mo
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Description for 405 Race Street, Martinsburg, WV 25401
Incredible investment opportunity in up and coming area of downtown. New windows, newer rubber roof, and numerous renovations. This is a great live-work opportunity for someone who values downtown. Currently a pet groomer/boarding property on main level with main level efficiency and large one bedroom upper level apartment. Only boarding kennel allowed downtown. 4 rear parking spaces and 2 front!
MLS #BE10138447
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My Notes for MLS #BE10138447

General Features

  • Property Type: Multi-Family
  • Type: Garden 1-4 Floors
  • Year Built: 1906
  • Total Units: 3
  • Unit List: Efficiency,​One Bedroom
  • One Bedroom Units: 1
  • Efficiency Units: 1
  • Single Room Units: 1

Exterior Features

  • Exterior: Brick and Siding
  • Stories: 2
  • Handicap: None
  • Roof: Rubber
  • Lot AreaAcre: 0.25
  • Lot Size Area: 10,890
  • Parking: Drvwy/Off Str,​On-site Prk/Sale
  • Water Front: N

Interior Features

  • Basement: Y
  • Basement Entrance: Inside Access,​Rear Entrance
  • Basement Type: Cellar
  • Walls Ceilings: Dry Wall,​9'+ Ceilings
  • Windows Doors: Insulated Window(s),​Low-E Windows,​Double Pane Windows,​Recessed Lighting,​Screens

Utilities Features

  • Appliances: Dryer,​Oven - Self Cleaning,​Refrigerator,​Range Hood,​Washer,​Water Heater,​Water Heater - High-Efficiency
  • Cooling Fuel: Electric
  • Cooling: Heat Pump(s),​Window Unit(s)
  • Heating Fuel: Natural Gas,​Electric
  • Heating: 90% Forced Air,​Heat Pump(s),​Baseboard
  • Hot Water: Natural Gas,​60 or More Gallon Tank
  • Metering: Fully Separate
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 183.76
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 42.17
  • City Town Tax Payment Freq: Annually
  • County Tax: 141.59
  • County Tax Payment Freq: Annually
  • Tax Year: 2017
  • Improvement Assessment Amount: 540
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 5,400
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 5,940
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Gross Income: 7,350
  • Expenses: 1,300
  • Monthly Gross Rent: 1,300
  • Additional Income Sources: Parking,​Shop rentals
  • One Bedroom Avg Rent: 750
  • Efficiency Avg Rent: 550

Community Features

  • City: 10000020251
  • County: Berkeley
  • Subdivision: DOWNTOWN
  • HOA: N
  • Vacation Home: N
  • Amenities: Attic - Storage Only,​Bathroom(s) - Ceramic Tile,​Chair Railing,​Crown Molding,​Shades / Blinds,​Wood Floors

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: Month-to-Month Lease(s)
  • Property Condition: Shows Well
  • New Construction: N
  • Zoning Code: 300

Location

 
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The listing information for 405 Race Street, Martinsburg, WV 25401 was graciously provided by our friends at the listing brokerage, 4 State Real Estate LLC

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P&I Payment $878.06
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MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
Last Updated 02/18/2018 at 12:29am
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