Property Description

**Welcome to 501 West King Street - Your Opportunity Awaits!**

Discover the charm of this **French Provincial-style apartment building**, perfectly situated on a corner lot in the heart of downtown Martinsburg. This property is not just a place to live; it's a lifestyle! Located just steps away from **The Garage on King**, the area's newest and trendiest food hall, this building offers tenants an unbeatable blend of convenience and modern living.

**Property Highlights:**
- **Six Units**: Includes **4 one-bedroom** and **2 two-bedroom** apartments.
_**Over 8000 sq ft
- **Efficient Systems**: Each unit is equipped with its own electric HVAC system, and water is metered separately in the basement for easy pass-through to tenants.
- **Prime Location**: Walkable to dining, entertainment, and downtown amenities.
-**Central Vacuum

**Income Potential:**
- **Current Income**: $6,950 in gross rents + $100 from laundry.

**Updates & Value Add:**
- Three apartments have already been turned over with market rate increases.

**Low Expenses, High Potential!**
This is an incredible opportunity to own a **low-maintenance, high-return investment property** in a thriving location.

Ready to invest in your future? Don't miss out on this gem at **501 West King Street**!

Overview

Property Status

Sold

Date Sold

May 23, 2025

Lot Size

5,720 Sq.Ft.

MLS ID

WVBE2034972

Property Type

Commercial

Year Built

1930

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Jamie Lopez

Commercail/Residential Real Estate Salesperson

License #WV0026922

(304) 671-1555 [email protected]

Features & Amenities

Total Area

8,093 Sq.Ft.

Neighborhood

Martinsburg

Stories

Water Source

Public

Lot Features

Corner

Parking

None

Heat Type

Forced Air

Air Conditioning

Central A/C

Sewer

Public Sewer

Disability Features

None

High School

MARTINSBURG

School District

BERKELEY COUNTY SCHOOLS

Sales Price

$599,900

Real Estate Tax

$6,406/yr

Zoning

URBAN MULTI FAMILY

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 501 W KING STREET, MARTINSBURG, WV 25401

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$599,900

8,093

Property Description

Overview

Basic Information

Features & Amenities

Area & Lot

Interior & Exterior

School Information

Financial

Rental Rates

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501 W KING STREET

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$599,900

8,093

Property Description

Overview

Basic Information

Features & Amenities

Area & Lot

Interior & Exterior

School Information

Financial

Rental Rates

Downloads

Schedule a Tour

Explore Martinsburg

501 W KING STREET

CallJamie Lopez

Explore Available Properties

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