1. West Virginia
  2. Martinsburg
  3. 48/60 JANICE ST #8
$899,950

48/60 JANICE ST #8, Martinsburg, WV 25404

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investment Opportunity – 8-Unit Apartment Complex Just Outside City Limits This well-maintained 8-unit apartment building offers immediate income and long-term upside. With 6 one-bedroom units and 2 two-bedroom units, the property features a solid tenant base, low maintenance brick exterior, off-street parking, and tenant-paid electric. Recent updates include new roof and gutters on Building 2 (July 2024), newer windows throughout, and updated wall-mounted HVAC units. An on-site coin-operated laundry helps offset shared costs. Currently generating $72,600 in annual income, the property has market rent potential of $88,800 with low annual operating expenses of just $8,600. Two units are being held vacant for easy showings and are expected to lease quickly in this high-demand rental market. Whether you’re a seasoned investor or just expanding your portfolio, this is a turnkey property with upside potential in a quickly growing area. Schedule your showing today and take advantage of this great investment opportunity!

Listing Status:
Active
Listing Office:
Samson Properties : 3049182740
Listing Agent:
Heidi Crawford : 3042793447
MLS ID:
WVBE2040282
  • A/C: Wall Unit
  • Heating: Baseboard - ElectricWall UnitElectric
  • Disability Feature: None

This listing courtesy of Heidi Crawford, Samson Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Opequon Elementary School

395 East Rd, Martinsburg, WV, 25404

Grades PK-2

0.40 miles away

M

Martinsburg North Middle School

250 East Rd, Martinsburg, WV, 25404

Grades 6-8

0.24 miles away

M

Martinsburg High School

701 S Queen St, Martinsburg, WV, 25401

Grades 9-12

2.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.