Address
62 Batt Lane, Berkeley Springs, WV
Price
$ 999,900
Property Attributes
- MLS#WVMO2004150
- TypeContingent
- CountyMORGAN
- CityBerkeley Springs
- Zip25411
- StyleApartment Building
- Year Built1995
- Taxes$ 2351
- Price$ 999,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.29 Acres
Data Source:
Bright MLS
Property Description
INVESTMENT PROPERTY PLUS RESIDENCE - This property has two rental buildings containing 11 small rental units and a 3-bedroom 2-bathroom residence. These apartments are currently being rented long term but can become short term rental units if you choose. The main building also includes a laundry room. The two buildings currently generate $10,250.00 per month in rental income. The two buildings have been completely renovated within the last two years to include a new roof on both buildings. The home had a new roof approximately 6 years ago. The 3-bedroom 2-bathroom home plus a loft is also a money-making investment. The home is currently being used as an Airbnb but can become your full-time residence. The house generates an average of $3,000.00 to $4,500.00 per month. This brings your total gross income revenue to $13,250.00-$14,500.00 per month. With a large living room & entertainment room combined there is plenty of space for the whole family. All this is within a couple 100 yards of the Cacapon State Park entrance. Walking distance to swimming, hiking, fishing, boating, horseback riding, skeet shooting and even golf. This is a residence with a turnkey business. Don't miss out. Due to renters, 48- hour notice is required to visit property. All clients must submit a preapproval or proof of funds before any appointments will be confirmed.
| Price History | |
|---|---|
| 2/21/2024 | Listed $1,200,000 |
| 4/25/2024 | 17% - $999,900 |
General Features
| Sewer | On Site Septic |
|---|---|
| Heating | Heat Pump(s),Wall Unit |
| Cooling | Heat Pump(s),Wall Unit,Window Unit(s) |
| Utilities | Cable TV,Phone Available |
| Possession | Settlement |
| Roof | Metal,Architectural Shingle |
| Zoning | 315 |
| Construction Materials | Combination,T-1-11,Vinyl Siding,Other |
| Exclusions | Hot tub |
| Year Built | 1995 |
| Electric | 200+ Amp Service |
| Property SubType | Five Or More Units |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Air Conditioning,Electricity,Heat,Repairs,Sewer Maintenance,Taxes - Real Estate,Trash Collection,Water |
| Business Type | Apartment Building |
| Accessibility | None |
| County | MORGAN |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE UNDER CONTRACT |
| Directions | From Berkeley Springs take US 522 south 9.4 miles to property on left. NO SIGN ON PROPERTY |
| ModificationTimestamp | 2024-05-09T09:09:38 |
| City | BERKELEY SPRINGS |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Lead Based Paint - Federal,Prop Disclosure |
| Total Units | 11 |
| Lot Size Square Feet | 56192.00 |
| Tax Assessed Value | 195800.0 |
| Waterfront Y/N | No |
| Street Name | BATT |
| Tax Annual Amount | 2351.0 |
| Property Condition | Very Good |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 79 |
| Standard Status | Active Under Contract |
| Year Built Source | Assessor |
| Tax Lot | 3-4-5 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Flooring | Vinyl,Luxury Vinyl Plank |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | LANE |
| Central Air Y/N | No |
Exterior Features
| Parking Features | Lighted Parking,Private |
|---|---|
| Lot Features | Road Frontage,Unrestricted |
| Water Source | Well |
| Inclusions | All furnishing & Appliances |
| Total Parking Spaces | 15 |
| Type of Parking | Parking Lot,Driveway |
| Land Use Code | 014 |
| Foundation Details | Concrete Perimeter,Crawl Space |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Size Acres | 1.29 |
| Road Surface Type | Black Top |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Road Responsibility | City/County,Private |
| Land Assessed Value | 32300.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 15 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 25411
Price
Taxes
Visits
Year Built
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