**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**!
5,720 Sq Ft Exterior Space
Commercial
$6,406 Annual Tax
Built in 1930
MLS/Listing ID WVBE2034972
NONE AVAILABLE
6 Units
Listing Courtesy of ERA LIBERTY REALTY, JAMES, JR. V LOPEZ - 304-671-1555
Source of Data: BRIGHT MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 04/25/2025.
Source: Bright Multiple Listing Service, Inc.
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