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1585 Gardners Lane

SHEPHERDSTOWN, WV 25443
  • $1,600,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: WVJF2020542
UPDATED: 18 min ago
$1,600,000
  • 0
    BEDS
  • 13.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,692
    SQFT
  • $433
    $/SQFT
Type:
Multi-Family
Built:
1850
County:

School Ratings & Info

School District:

Description

1585 Gardners Lane: Circa 1850 Farmhouse converted into 6 apartments, 2 cottages and 1 duplex totaling 10 units on 13.2 acres with huge bank barn and fencing/pasture for horses. 100% occupancy, great rental history over past 20 years of ownership. Roughly $11k per month totaling a potential yearly income of $132,910 (2025). Current owner operated and managed these units as short term rentals on month to month leases. Some tenants have remained for many years. One tenant leases a cottage and all the fenced areas and barn for an equestrian business. Tenants pay electric, owner provides Wi-Fi and trash removal. All tenants are on month to month leases. Multiple wells and septic systems. NOTE: 48 HOURS REQUIRED FOR ALL SHOWINGS.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-05T12:55:05.9.
www.deepcreeksales.com/homes/169954942
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1585 Gardners Lane SHEPHERDSTOWN, WV 25443

  • Price: $1,600,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 18 min ago
  • ID#: WVJF2020542
0
Beds
0
Baths
0
½ Baths
13.12
Acres
3,692
SQFT
$433
$/SQFT
1850
Built
County:
Jefferson
School District:
Jefferson County Schools
Property Description
1585 Gardners Lane: Circa 1850 Farmhouse converted into 6 apartments, 2 cottages and 1 duplex totaling 10 units on 13.2 acres with huge bank barn and fencing/pasture for horses. 100% occupancy, great rental history over past 20 years of ownership. Roughly $11k per month totaling a potential yearly income of $132,910 (2025). Current owner operated and managed these units as short term rentals on month to month leases. Some tenants have remained for many years. One tenant leases a cottage and all the fenced areas and barn for an equestrian business. Tenants pay electric, owner provides Wi-Fi and trash removal. All tenants are on month to month leases. Multiple wells and septic systems. NOTE: 48 HOURS REQUIRED FOR ALL SHOWINGS.
Exterior Features

Architectural Style Colonial Assigned Parking Spaces 10 Construction Materials Brick Exterior Features Sidewalks Garage YN No Location Type Rural Lot Features LandscapingRear YardSideYard(s)Trees/Wooded Other Structures Pole BarnHorse StableHay BarnGuest HouseBarn/StableBarn/Farm BuildingBarnBank Barn2nd HouseTenant House Parking Features AssignedPaved Parking Parking Types DrivewayParking Lot Patio And Porch Features Patio(s)Porch(es) Pool No Pool Property Condition Good Roof Metal Soil Types Loam View PanoramicPastureScenic VistaStreetTrees/Woods Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3692 Basement Dirt FloorOutside EntrancePoured ConcreteRear EntranceUnfinishedWalkout Stairs Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN Yes Fireplaces Total 4 Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished None

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Existing Lease Type Month to Month Foundation Details Stone Heating Fuel Electric Historic YN Yes Hot Water Electric Municipality Shepherdstown Navigable Water YN N New Construction YN No Number Of Units Leased 10 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense Includes InsuranceSnow RemovalTrash Original MLSNumber 804305258826 Owner Pays Accounting/LegalAdvertising/Licenses and PermitsCommon Area MaintenanceGasInsuranceLawn/Shrub CareManagementMiscellaneousPest ControlRepairsSewerSnow RemovalTaxes - Real EstateWaterTrash Collection Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 6241.00 Tax Lot 5 Total Actual Rent 132910.00 Utilities Electric AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Well Zoning 112

Listing courtesy of Greentree Associates of Shepherdstown, Inc.: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-05T12:55:05.9.
 
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