Listed By:
Greentree Associates of Shepherdstown, Inc.
Address
111 E New Street, Shepherdstown, WV
Price
$ 649,900
Property Attributes
  • MLS#WVJF2010288
  • TypeSingle Family
  • CountyJEFFERSON
  • CityShepherdstown
  • NeighborhoodCorporation Of Shepherdstown
  • Zip25443
  • StyleCottage
  • Price$ 649,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1896
  • Lot Size7,405 SqFt
Data Source:
Bright MLS
Property Description

This is quite possibly the only 3 unit property within the Corporation of Shepherdstown. One House at 111 East New Street and Two Apartments at 136 & 138 East Back alley all on one lot/deed. Live in the historic, circa 1812 brick home while renting the two rear apartments for passive income or to offset your mortgage. The main house, 111 East New Street, has four bedrooms and two full baths, is approximately 1,896 square feet, has updated stainless appliances, newly refinished hardwood floors, wood pellet stove insert in the family room, and tile bathroom floors. The floor plan allows for two bedrooms on the main level. The two bedroom upstairs have original wide plank hardwood floors with decorative brick fireplaces. The laundry room is off the kitchen and both of the two full baths are on the main level. The property is fully fenced with multiple gates for easy access off New Street and double rear gates for added privacy. New Street may also be the newest street in town having new infrastructure and pavement during the summer of 2020. New Street is a one way street one block off the hustle and bustle of German Street. Enjoy the sights, sounds, and smells of town a block away while relaxing on the patio or the sitting area under shade of the two huge pine trees. A little workshop area and dry/well-lit storage adorn the restored basement. The home consists of 5 decorative fireplaces. The great news for you is this home has been prepped and ready for your immediate occupancy! Each apartment, 136 and 138 East Back Alley, is metered separately and accessed off Back Alley. Both are mirror image, 1BR, 1BA, and approximately 580 Sq. Ft. each. One has new laminate floors, one with ceramic tile floors. Both units are updated, all electric, window units provided, have stack washers/dryers, and parking for one vehicle per unit. They have each rented for $950/month for several years, keeping good tenants/neighbors. $1,900/month in passive income off the back two apartments! All three properties have enormous potential for long or short term housing. Both units are leased through June 30, 2024 and require 24 hour notice to tour. Owner is a licensed agent. Flood insurance was not required with current owner.

Price History
3/29/2024 Listed $684,900
4/24/2024 6% - $649,900

General Features

Interior Features Breakfast Area,Combination Dining/Living,Dining Area,Entry Level Bedroom,Family Room Off Kitchen,Floor Plan - Traditional,Kitchen - Eat-In,Kitchen - Galley,Kitchen - Table Space,Pantry,Stove - Pellet
Sewer Public Sewer
Heating Baseboard - Electric,Wood Burn Stove
Cooling Window Unit(s)
Utilities Cable TV Available,Electric Available,Phone Available,Sewer Available,Water Available
Possession Coin w/Sell Sett,Immediate
Roof Metal
Appliances Dishwasher,Dryer - Electric,Microwave,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer,Water Heater
Exterior Features Exterior Lighting,Gutter System,Sidewalks
Zoning 101
Pool Y/N No Pool
Patio/Porch Features Brick,Patio(s),Porch(es),Roof
Architectural Style Cottage
Security Features Smoke Detector
Construction Materials Brick,Wood Siding
Year Built 1812
Electric 200+ Amp Service
View City,Street
Levels 2
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
Additional Parcels Description Two,separately metered,1 BR Apartments in the rear. Each rent for $950/mo.
County JEFFERSON
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name CORPORATION OF SHEPHERDSTOWN
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions 111 East New Street,Shepherdstown,Wv 25443. Use Google Maps.
ModificationTimestamp 2024-04-24T12:16:39
City SHEPHERDSTOWN
Buyer Agent Compensation 2
Disclosures Agent Related to Owner,Owner RE Licensee
Senior Community Y/N No
Lot Size Square Feet 7314.00
Tax Assessed Value 330000.0
Waterfront Y/N No
Street Name NEW
Tax Annual Amount 0.0
Home Warranty Y/N No
Property Condition Very Good
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft 342.77
Additional Parcels Y/N No
Historic Y/N Yes
Lease Considered Y/N No
Vacation Rental Y/N No
Total SQFT 1896
Days on Market 26
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot #128
Total Actual Rent 42000.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Other,Wood
Basement Drainage System,Outside Entrance,Poured Concrete,Rear Entrance,Unfinished,Workshop,Daylight,Partial,Partial,Windows
Flooring Ceramic Tile,Hardwood,Wood
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Window Features Double Hung,Storm,Screens
Fireplace Y/N No
Above Grade Finished Area 1896
Full Baths 2
Street Suffix STREET
Central Air Y/N No
Total Bedrooms 4
Room Type Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Family Room,Basement,Bedroom 1,Laundry
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Laundry Type Has Laundry,Dryer In Unit,Main Floor,Hookup,Washer In Unit
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 2
Bedrooms Count Upper Level 1 2
Bathrooms Count Upper Level 1 0.00
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Fencing Fully,Privacy,Wood
Parking Features Parking Fee,Rented/Permit Required,Public,Paved Parking
Lot Features Landscaping,Rear Yard,Trees/Wooded
Water Source Public
Type of Parking On Street
Land Use Code 004
Foundation Details Stone,Block
Spa No
Water View Y/N No
Lot Size Acres 0.17
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility City/County
Horse Y/N No
Land Assessed Value 141400.00
Navigable Water Y/N No
Water Oriented Y/N No

Room Details

Room Dimensions Level Flooring Details
Basement Lower 1 Basement - Unfinished,Flooring - Concrete,Lighting - LED,Lighting - Recessed
Bedroom 1 Main Flooring - Wood,Fireplace - Other
Bedroom 2 Main Flooring - Wood
Bedroom 3 Upper 1 Attic - Finished,Attic - Floored,Attic - Walk-Up,Fireplace - Other,Flooring - HardWood
Bedroom 4 Upper 1 Attic - Finished,Attic - Floored,Attic - Walk-Up,Fireplace - Other,Flooring - HardWood
Family Room Main Fireplace - Other
Kitchen Main Flooring - Wood,Dining Area
Laundry Main Flooring - Wood

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 Single Family Average in 25443

Price
AVG $830K
$650K
Visits
AVG 455
119
Data Provided by Inside Real Estate®
Year Built
AVG 1949
1812

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