Martinsburg, WV 25405,53 EVERGREEN DR
Martinsburg, WV 25405,53 EVERGREEN DR
Martinsburg, WV 25405,53 EVERGREEN DR
16
$775,000
$799,000
3.0%
Est.Price: ?

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1.38 Acres Lot

53 EVERGREEN DR Martinsburg, WV 25405

Est. payment /mo
SOLD DATE : 06/07/2022

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Key Details

Sold Price $775,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Pikeview Acres

MLS Listing ID WVBE2007860

Sold Date 06/07/22

Style Other

Originating Board BRIGHT

Year Built 1954

Annual Tax Amount $3,435

Tax Year 2021

Lot Size 1.380 Acres

Acres 1.38

Property Description

INVESTORS! This 10 unit apartment complex is comprised of 8- 2 BR, 1 BA and 2 - 1BR, 1BA units at 100% occupancy. In the heart of a growing area, this income-producing opportunity also has an additional block building which could be converted to two additional units or demolished to create space for up to 10 additional units. Situated on 1.38 acres, there is plenty of room to create additional income. The units are within the Pikeview Acres Subdivision which has a road maintenance agreement to keep roads clear for tenants. A minimal HOA fee of $75/ year buys you this service. Each unit is equipped with appliances including refrigerator, washer/ dryer and stove. A privacy fence surrounds the complex and each unit has its own parking. Current rents collected at $7000/ month. Rates from $600-$850/ month. Most leases are in month to month status. Some basic upgrades and improvements could support increased rental rates in this area. Currently being sold AS-IS, WHERE-IS, come see what possibilities you might accomplish to generate more revenue from this private complex.

Location

State WV

County Berkeley

Zoning 211

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Equipment Dryer, Refrigerator, Stove, Washer, Water Heater

Fireplace N

Appliance Dryer, Refrigerator, Stove, Washer, Water Heater

Heat Source None

Exterior

Garage Spaces 18.0

Parking On Site 2

Utilities Available Electric Available, Sewer Available, Water Available

Water Access N

Roof Type Shingle,Metal

Street Surface Paved

Accessibility None

Road Frontage Road Maintenance Agreement

Total Parking Spaces 18

Garage N

Building

Lot Description Backs to Trees, Rural, Other

Foundation Block

Sewer Public Septic

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Berkeley County Schools

Others

Tax ID 01 10K007600000000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Bank Portfolio

Listing Terms Cash, Conventional, Bank Portfolio

Financing Cash,Conventional,Bank Portfolio

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tracey Scott • Path Realty
Bought with Tracey Scott • Path Realty

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agent

Skip Tolley

Agent | License ID: 528296

+1(410) 935-7500

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