531 King W, MARTINSBURG
$470,000 - 3,000 Sf
MLS® # WVBE2038730
321 W Race St, MARTINSBURG
$399,000
0 Beds
0 Baths
2,120 Sqft
.1 Acres
0 Garages
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!
Essential Information
MLS® #WVBE2038928
Price$399,000
Bathrooms0.00
Square Footage2,120
Acres0.10
Year Built1900
TypeMulti-Family
Sub-TypeQuad, Other
StyleColonial
StatusActive
Community Information
Address321 W Race St
CityMARTINSBURG
CountyBERKELEY-WV
StateWV
MunicipalityCity Of Martinsburg
Zip Code25401
Amenities
ViewCity, Street
Amenities
Stall Shower, Tub Shower, Wood Floors
Utilities
Electric Available, Sewer Available, Water Available
Interior
HeatingBaseboard - Electric
CoolingWindow Unit(s)
# of Stories2
Appliances
Oven/Range-Electric, Refrigerator, Water Heater
Exterior
ExteriorAlum/Steel Siding
FoundationPermanent, Crawl Space
Exterior Features
Exterior Lighting, Sidewalks, Porch(es)
Lot Description
Cleared, Level, Not In Development, Rear Yard, Road Frontage
School Information
DistrictBERKELEY COUNTY SCHOOLS
Additional Information
Zoning102
Listing Details
OfficeSamson Properties
Office Contact3049305621
Property History
Price Reduced from $419,000 to $399,000
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Listing information last updated on May 11th, 2025 at 4:45am EDT.
