Pending

Listed by Holly Wilson

Source: Bright MLS #WVBE2038928

321 W Race St, Martinsburg, WV, 25401

$399,000

6
2120 sq. ft.
4299 sq. ft.

Duplex

30+ days on the market

What's around 321 W Race St

About this property

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!

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