411 Faulkner Avenue

Martinsburg, WV 25401

$525,000
Price
Beds
3,675 Sq. Ft.
$143 / Sq. Ft.
3,675
Sq. Ft.
$143
per Sq. Ft.

Description

Calling all investors! Rare opportunity to purchase a fully-rented, turnkey 6-unit multi-family property. Two units in the first building (413 Faulkner Ave) and four units in the other (411 Faulkner Ave). All are fully leased. Three 2-bed apartments, two 1-bed, and one efficiency apartment. See floor plans in the documents section for dimensions and current rent information for each unit. Metal roof was painted two years ago and all siding replaced five years ago. Six hot water heaters, all about...Calling all investors! Rare opportunity to purchase a fully-rented, turnkey 6-unit multi-family property. Two units in the first building (413 Faulkner Ave) and four units in the other (411 Faulkner Ave). All are fully leased. Three 2-bed apartments, two 1-bed, and one efficiency apartment. See floor plans in the documents section for dimensions and current rent information for each unit. Metal roof was painted two years ago and all siding replaced five years ago. Six hot water heaters, all about three years old.
  1. Listed by Joshua M. Beall • Atoka Properties
    P: 7039752046 josh@atokaproperties.com
  2. Listed by Jess Derr • Atoka Properties
    P: 3044494911 jess@atokaproperties.com

Property Details for 411 Faulkner Avenue

Tax ID Number
06 13050300000000
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Views
City
Garage
No
Expected On Market Date
10-06-2023

Location

Listing Courtesy of Atoka Properties
Add your commute
LISTING UPDATED: 03/20/2024 04:05 PM

Property Details for 411 Faulkner Avenue

StatusActive
MLS #WVBE2023258
Days on Market207
Taxes$3,220 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1905
Lot Size0.15 AC / 6,499 SF
CountyBerkeley County

Location

Listing Courtesy of Atoka Properties
Add your commute

Building Information for 411 Faulkner Avenue

Stories-Residences4Year Built1905Building Size-Lot Size0.15 AC / 6,499 SF

Payment Calculator

$3,133 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 411 Faulkner Avenue

Location
Location
  • In City Limits: Yes
  • School District Name: BERKELEY COUNTY SCHOOLS
  • School District County ID: 121139330472
  • SchoolDistrictSource: 3rd Party
  • High School: MARTINSBURG (BERKELEY WV)
  • HighSchoolSource: 3rd Party
  • County: BERKELEY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $187,700
  • Year Assessed: 2022
  • County Tax: $604
  • Improvement Assessed Value: $169,900
  • City Town Tax: $895
  • Land Assessed Value: $17,800
  • Clean Green Assessed: No
  • Land Use Code: 004
  • Historic: No
  • Zoning: 105
  • Tax Lot: 19-20
  • School Tax: $1,869
  • Tax Page Number: 417
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Taxes - Real Estate
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 6
  • Number Of Units Vacant: 0
  • Rent Control: No
Financial Information
Financial Information
  • Gross Income: $60,600
  • Gross Scheduled Income: $60,600
  • Annual Rental Income: $60,600
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,675.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Level
  • Parcel ID: 20242188
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Paved Parking
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Doors - Swing In
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Electric Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating Fuel: Electric, Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Eastern Panhandle Board of REALTORS
  • List Agent URL: joshbeall.com

Property History for 411 Faulkner Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 411 Faulkner Avenue

This home is within Berkeley County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Winchester Avenue Elementary School
PublicPK to 3

Orchard View Intermediate School
Public4 to 5

Martinsburg South Middle School
Public6 to 8

Martinsburg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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411 Faulkner Avenue is a multi-family home for sale in Martinsburg, WV 25401. This property was listed for sale on October 6, 2023 by Atoka Properties, it's currently listed at $525,000. This listing's school district is Berkeley County Schools. Nearby schools include Winchester Avenue Elementary School, Orchard View Intermediate School and Martinsburg South Middle School. 411 Faulkner Avenue is a 0-bed, 0-bath, 3,675 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Atoka Properties

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/20/2024 04:05 PM