?? Investor Alert: Prime opportunity to grab a fully rented 4-unit apartment building on E Moler Avenue in Martinsburg, WV – instant cash flow in a growing Eastern Panhandle market! ?? • Asking Price: $425,000 • Property: 4-unit complex – ALL 2BR/1BA units (900-1,000 sq ft each) • 2 units updated ~1990: Currently renting $900 & $950 • 2 units updated ~2020: Currently renting $1,050 each • Gross Monthly Income: $3,950 ($47,400/year) – tenants in place! • Operating Expenses: ~$1,365/mo (includes taxes $400, insurance $200, water/garbage/storm, city tax, and 10% repair/capex reserve) • Net Operating Income (NOI): ~$2,585/mo ? Impressive ~7.3% cap rate (strong for WV multi-family, where averages hit 7-9% per Crexi and local market reports) • Upside Potential: Market rents for 2BR apartments in Martinsburg are averaging $1,400–$1,600+ (per 2026 data from RentCafe, Zillow, http://Apartments.com) – huge room to boost rents on the older units for even better returns! • Bonus Features: Full parking lot with 2 spots per unit + extra spaces (a big win in a growing area – keeps tenants happy and reduces turnover!) • Location Perks: Thriving Martinsburg spot in WV’s Eastern Panhandle – just ~1hr to DC/Baltimore for commuters, near major employers (Amazon distribution, healthcare hubs, federal agencies), easy I-81 access, and booming population growth (projected 0.2%+ annually).
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
