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321 W Race St

Martinsburg WV 25401

6
2120 sq. ft.
4299 sq. ft.
Duplex
Currently for sale - view listing

Overview

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!

Features

6 bedrooms
2120 sq. ft. floor area
4299 sq. ft. lot size
Duplex

Property history for 321 W Race St

2022
Sold
$205,000
15 Jun 2022 by Matthew Deaner, of TOUCHSTONE REALTY, LLC
2017
Sold
$110,000
02 Oct 2017 by Drew Johnson

Happy sellers in Martinsburg

<50%
Less than 50% of sellers in Martinsburg reported that their sale price either exceeded or met their price expectations.

Martinsburg stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Martinsburg over the last 12 months.

Local market activity for 6 bedroom duplexes in Martinsburg

In the last 12 months, 6 six-bedroom duplexes similar to 321 W Race St, have been sold.

This represents a 150% decrease in six-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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