349 HALLTOWN RD Active Save Request In-Person Tour Request Virtual Tour
Harpers Ferry,WV 25425
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,894 sqft
Price per Sqft $238
Subdivision None Available
MLS Listing ID WVJF2016754
Style Other
Year Built 1960
Annual Tax Amount $3,493
Tax Year 2024
Lot Size 1.000 Acres
Property Sub-Type Other
Property Description
This opportunity is a great Investment Property! 8 Studio apartments & 1 Two Bed apartment with 100% occupancy. Fantastic Location minutes from Charles Town & Harpers Ferry. Block & Brick Building, Wall Heating & Air Conditioning in all units, new flooring and painting has been completed in each unit. Central Laundry Room, Paved Circular Drive & Parking Spaces. All this is situated on just over 1 acre. These units fill up fast, we hardly ever have any vacancy. The property is fully occupied with most units on month to month leases. Property is on septic and well. Two new septic tanks within 4 years. New septic drain lines within 1 year. New well pump and well UV filter within 4 years. Expenses include; Trash removal for $152 per month. Electric utility is an average of $835.52 per month. Landlord currently pays internet / cable but it can be charged to the tenants.
There is value add potential with this property; whether that's continuing to increase the rents or by building on the front portion of the property. There is also potential to add a second story to the existing structure (see attached plans). Please do your own research to confirm development potential.
The following updates have been completed in the last 4 years; new septic tanks plus drain lines, new well pump plus UV light filter, various cosmetic updates to each unit, coin operated washer and dryer. Various units also have newer PTAC units.
Location
State WV
County Jefferson
Zoning COMM
Interior
Hot Water Electric
Heating Wall Unit
Cooling Wall Unit
Equipment Dryer,Microwave,Refrigerator,Washer
Exterior
Parking On Site 14
Water Access N
Roof Type Shingle
Building
Sewer Septic Exists
Water Well
New Construction N
Schools
School District Jefferson County Schools
Others
Special Listing Condition Standard