531 King W

Description

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.