Other, Unit/Flat
1200 GRAZIER STREET
MARTINSBURG, WV 25404
MLS#: WVBE2055328
$339,000
Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1975
Sq.Footage
1,080
This prime mixed-use investment property offers a rare combination of immediate rental income and future development potential. Upstairs, you’ll find a completely renovated 1,080 sq. ft. apartment featuring 2 bedrooms, 1 bath, a spacious kitchen with granite countertops, LVP flooring, protective wall paneling, new appliances including washer and dryer, and recent upgrades such as new plumbing, electrical, HVAC, water heater, and architectural roof all completed in August 2024. The unit was most recently rented for $1,300/month. Below, the 1,900 sq. ft. garage provides excellent storage or commercial use with a new metal roof, garage doors, and electrical panel, baseboard heating, and is currently rented for $1,200/month. A Phase I Environmental Study has been completed, ensuring buildability, and the property includes two additional deeded lots (6,300 sq. ft. each) that can be separated for townhomes, multifamily units, or storage facilities, with two public water hookups already available. Whether you’re looking for a turnkey rental property with strong cash flow or a development opportunity with multiple revenue streams, this property delivers unmatched versatility and potential. Seller will contribute up to $10,000 toward repairs or buyer’s closing costs with a full-price offer at settlement COMES WITH AN EXTRA LOT.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Above Grade Finished Area
1080.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding, Block, Batts Insulation
-
Parking
On Street, Garage, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.43
-
Lot Size(square feet)
18,730
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other, Unit/Flat
Price
-
Sales Price
$339,000
-
Tax Amount
$2,827
-
Sq. Footage
1,080
-
Price/SqFt
$313
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
10-11-12
-
Water Source
Public
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Location
County
BERKELEY
Elementary School
Middle School
High School
Listing Courtesy of Anselm Tamasang, Weichert Realtors - Blue Ribbon
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Salesperson, Realtor
Amy Barfield
Call Amy today to schedule a private showing.
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