321 W RACE STREET, Martinsburg, WV 25401
- 2,120 sqft
Multi-Family Home
Built in 1900
4,356sqft lot
—— car garage
$188/sqft
Listed 3 months ago
Property Description
PRICE IMPROVED by $20,000. This charming quadruplex in the heart of downtown Martinsburg offers an excellent investment opportunity! All four units are currently rented, generating a steady monthly income of $3,800. Each unit has been thoughtfully updated with new vinyl flooring, modernized kitchens, and bathrooms, making this property both low-maintenance and highly desirable for tenants. The owners have made several recent improvements, including replacing most of the windows, updating the electric, installing four new water heaters, and changing out the gutters in 2022. These updates ensure long-term durability and efficiency. Additionally, each of the four units is separately metered for utilities, offering tenants more control over their expenses while simplifying management for the owner. The property features a shared backyard, perfect for outdoor relaxation, and on-street parking adds convenience for residents. Investors should inquire with local lenders about the potential for qualifying for a DSCR loan to maximize their investment potential. Don’t miss out on this great cash-flowing opportunity in a prime location! Schedule a showing today!
- Listing Status:
- Pending
- Listing Office:
- Samson Properties : 3049305128
- Listing Agent:
- Holly Michelle Wilson : 3048205690
- MLS ID:
- WVBE2038928

This listing courtesy of Holly Michelle Wilson, Samson Properties
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Burke Street Elementary School
422 W Burke St, Martinsburg, WV, 25401
Grades PK-3
0.16 miles away
Martinsburg South Middle School
150 Bulldog Blvd, Martinsburg, WV, 25401
Grades 6-8
0.76 miles away
Martinsburg High School
701 S Queen St, Martinsburg, WV, 25401
Grades 9-12
0.83 miles away