531 King W
Martinsburg, WV 25401
- – beds
- – baths
- 3,000 sqft
- 6,000 sqft lot
- $156 per sqft
- 1935 build
This property is fully rented, and the leases remain in effect after the sale. The current rent roll is $4,775.00, monthly which includes pet fees. This is an old building that has been modified over time, and all measurements and footage are estimates. The current owner has renovated almost the entire building. The roof was replaced before the owner purchased the building. It is a low-maintenance, income-generating property ready for its next owner to collect the rents. It comes with a concrete block garage/storage space at the back of the property and offers a small fenced backyard to the tenant in Unit D. The property adjoins the Woolen Mill condo project, which may increase the property's value upon completion as Martinsburg continues to develop. The property reflects the characteristics of Old Downtown Martinsburg. It is one block from the Garage at King, a few blocks from the judicial center, and within walking distance of various Downtown Martinsburg events. It is also four blocks from Burke Street Park and the walking trail, approximately four blocks from the MARC train station and Roundhouse, and two blocks from Everything Cheesecake. Its location is convenient. Viewing times for the property are limited to respect the tenants' working hours and privacy. Showings are only available on Saturdays and Sundays from 11:00am to 2:00pm. There is no lockbox and no sign. Please schedule online. Thank you.
Last checked:
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Last updated Mar 30, 2025
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MLS# WVBE2038730 —
The Building
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Year Built:1935
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Year Built Source:Estimated
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Brick, Stone, Wood Siding, Aluminum Siding, Concrete, Combination
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Building Units Total:4
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Structure Type:Other
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Architectural Style:Colonial
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Accessibility Features:None
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Other
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3000
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Living Area SqFt:3,000 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA
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Possession:Coin w/Sell Sett
Location
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Directions:From 81 Take the King Street Exit towards Martinsburg. It will be on the right one block prior to Winchester Avenue
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Latitude:39.45934887
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Longitude:-77.97672482
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.14
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Lot Size Source:Estimated
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Lot SqFt:6,000 Sqft
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Zoning:DOWNTOWN
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (703) 618-6858
- Office phone:
- (304) 930-5128
Taxes
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Tax ID Number:06 14002500000000
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Tax Year:2024
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Tax Annual Amount:$3,123.29
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Tax Assessed Value:$98,520
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Year Assessed:2024
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City/Town Tax:206.89
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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High School:MARTINSBURG
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School District Name:Berkeley County Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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One Bedroom Units:3
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/28/25
Mar 28, 2025
|
Listed / Active | BRIGHT | $470,000 |