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$930,000

  • Sold
  • Closed
  • Apartment
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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.

Full Property Details for 62 Batt Ln

General

  • Sold For: $930,000
  • Taxes: $2,351 (2022)
  • Status: Closed
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: WVMO2004150
  • Added to Site: 352 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Vinyl, Luxury Vinyl Plank

Parking

  • Total Spaces: 15
  • Parking Features: Lighted Parking, Private
  • Parking Type: Parking Lot, Driveway

Location

  • Municipality: Timber Ridge
  • County: Morgan
  • Driving Directions: From Berkeley Springs take US 522 south 9.4 miles to property on left. NO SIGN ON PROPERTY

Heating & Cooling

  • Cooling Type: Heat Pump(s), Wall Unit, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s), Wall Unit
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: On Site Septic
  • Water: Well
  • Utility Description: Cable TV, Phone Available

Structural Information

  • Construction: Combination, T-1-11, Vinyl Siding, Other
  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Metal, Architectural Shingle
  • Stories/Levels: 0
  • Year Built: 1995
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 1.29
  • Lot Size (Sq. Ft.): 56,192
  • Lot Size Source: Assessor
  • Street/Road Desc.: Black Top
  • Lot Features: Road Frontage, Unrestricted
  • Zoning: 315
  • Lot Description: Road Frontage, Unrestricted

Financial Considerations

  • Assessment Year: 2022
  • School Tax: $1,667
  • City/TownTax Freq: Annually
  • County Tax: $684
  • County Tax Freq: Annually
  • Tax w/Assessment: $195,800
  • Tax Amount: $2,351
  • Tax Year: 2022
  • Owner Pays: Air Conditioning, Electricity, Heat, Repairs, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Landlord Pays: Air Conditioning, Electricity, Heat, Repairs, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Hot tub
  • Inclusions: All furnishing & Appliances
  • Investment: Yes
  • Lot Number: 3-4-5

Listed by Mountain Home Real Estate, LLC, James Joseph Novak
Sold by Burch Real Estate Group, LLC, Andrew R Fultz

Listing agent

— 62 Batt Ln —

  • James Joseph Novak

    Mountain Home Real Estate, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 62 Batt Ln

School District:Morgan County Schools
RatingNameGradesDistance
NR
Widmyer Elementary School
128 Widmyer Cir, Berkeley Spgs, WV 25411
PK-28.3 mi
4
Warm Springs Intermediate School
575 Warm Springs Way, Berkeley Spgs, WV 25411
3-510.3 mi
3
Warm Springs Middle School
271 Warm Springs Way, Berkeley Spgs, WV 25411
6-89.9 mi
6
Berkeley Springs High School
149 Concord Ave, Berkeley Spgs, WV 25411
9-128.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 62 Batt Ln

Date
Details
Price
Change
Source
8/16/2024
Sold
$930,000
-6.99%
MLS
4/25/2024
Price Reduced
$999,900
-16.68%
MLS
2/21/2024
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Mountain Home Real Estate, LLC, James Joseph Novak
Sold by Burch Real Estate Group, LLC, Andrew R Fultz

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62 Batt Lane, Berkeley Springs, WV 25411 (MLS# WVMO2004150) is a Apartment property that was sold at $930,000 on August 16, 2024. Want to learn more about 62 Batt Lane? Do you have questions about finding other Apartment real estate for sale in Berkeley Springs? You can browse all Berkeley Springs real estate or contact a Coldwell Banker agent to request more information.

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