Sold for $350,000

$350,000

533A-533B W Stephen St #535, Martinsburg, WV 25401

5beds

--baths

1,576sqft

Triplex

Built in 1900

-- sqft lot

$247,000 Zestimate^®

$222/sqft

$1,155 Estimated rent

Home value

$247,000

$207,000 - $287,000

$1,155/mo

Zestimate^® history

Owner options

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$1,155/mo

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$1,155/mo

Rent Zestimate^®

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$1,626/mo

Est. payment

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$1,626/mo

Est. payment

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What's special

This once duplex, now TRIPLEX has had a full interior rehab and reconfiguration done! Enjoy three streams of income resulting in a 9.8% cap rate. 533A received a new kitchen layout and LVP flooring, new refrigerator and laundry, vinyl clad windows, new paint and newly finished hardwood floors. 533B was completely changed into it's our living quarters. This unit offers it's own kitchen/dining room with stackable laundry, 3 bedrooms and a full bath. All new windows, paint and carpet were added, as well as, it's own electric meter and water hookup and water heater. 535 was fully repainted and also received new vinyl clad windows. This property is now ready for it's next owner to collect a nice stream of income. Schedule online but please keep in mind these are fully leased units.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5

Basement

Area: 0

Heating

Baseboard, Electric, Natural Gas Available

Cooling

Ceiling Fan(s), Window Unit(s), Electric

Appliances

Included: Dryer, Oven/Range - Electric, Refrigerator, Cooktop, Washer, Washer/Dryer Stacked, Water Heater, Electric Water Heater

Features

Attic, Built-in Features, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Eat-in Kitchen, Kitchen - Table Space, Pantry, Bathroom - Tub Shower, Upgraded Countertops, Dry Wall, Plaster Walls
Flooring: Hardwood, Ceramic Tile, Carpet, Wood
Doors: Insulated, Six Panel
Windows: Replacement, Vinyl Clad, Wood Frames
Basement: Dirt Floor,Exterior Entry,Side Entrance,Walk-Out Access,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,576
Total interior livable area: 1,576 sqft

Property

Parking

Parking features: Paved, Public, On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Hallway(s), Entry Slope <1'

Features

Levels: Multi/Split
Patio & porch: Porch, Roof
Exterior features: Lighting, Play Area, Sidewalks
Pool features: None
Has view: Yes
View description: City
Frontage type: Road Frontage

Lot

Size: 5,375 Square Feet
Features: Backs to Trees, Level, Not In Development, SideYard(s), Downtown

Details

Additional structures: Above Grade, Below Grade, Outbuilding
Parcel number: 06 13049900000000
Zoning: 102
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Batts Insulation, Brick, CPVC/PVC, Frame, Glass, Metal Siding, Mixed Plumbing
Foundation: Block, Permanent
Roof: Pitched,Rubber,Flat,Metal

Condition

Good,Average
New construction: No
Year built: 1900
Major remodel year: 2023

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Community & HOA

Community

Security: Exterior Cameras, Carbon Monoxide Detector(s), Non-Monitored, Motion Detectors, Smoke Detector(s)

Location

Region: Martinsburg
Municipality: City Of Martinsburg

Financial & listing details

Price per square foot: $222/sqft
Tax assessed value: $106,200
Annual tax amount: $1,162
Date on market: 7/17/2023
Listing agreement: Exclusive Right To Sell
Listing terms: Bank Portfolio,Cash,Conventional
Ownership: Fee Simple
Total actual rent: 40800
Road surface type: Black Top

Price history

Date	Event	Price
9/26/2023	Sold	$350,000-10%$222/sqft
Source: Bright MLS #WVBE2020820 Report a problem
8/31/2023	Pending sale	$389,000$247/sqft
Source: Bright MLS #WVBE2020820 Report a problem
8/23/2023	Price change	$389,000-0.2%$247/sqft
Source: Bright MLS #WVBE2020820 Report a problem
8/13/2023	Price change	$389,900-1.3%$247/sqft
Source: Bright MLS #WVBE2020820 Report a problem
7/17/2023	Listed for sale	$395,000$251/sqft
Source: Bright MLS #WVBE2020820 Report a problem