Selea Andrews - Coachman Properties Logo
$339,000
 $1,820 est/mo Sourced by Back At You

1200 Grazier St,MARTINSBURG, WV 25404

MARTINSBURG, WV 25404

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Description

This prime mixed-use investment property offers a rare combination of immediate rental income and future development potential. Upstairs, you'll find a completely renovated 1,080 sq. ft. apartment featuring 2 bedrooms, 1 bath, a spacious kitchen with granite countertops, LVP flooring, protective wall paneling, new appliances including washer and dryer, and recent upgrades such as new plumbing, electrical, HVAC, water heater, and architectural roof all completed in August 2024. The unit was most recently rented for $1,300/month. Below, the 1,900 sq. ft. garage provides excellent storage or commercial use with a new metal roof, garage doors, and electrical panel, baseboard heating, and is currently rented for $1,200/month. A Phase I Environmental Study has been completed, ensuring buildability, and the property includes two additional deeded lots (6,300 sq. ft. each) that can be separated for townhomes, multifamily units, or storage facilities, with two public water hookups already available. Whether you're looking for a turnkey rental property with strong cash flow or a development opportunity with multiple revenue streams, this property delivers unmatched versatility and potential. Seller will contribute up to $10,000 toward repairs or buyer's closing costs with a full-price offer at settlement COMES WITH AN EXTRA LOT.

Details

MLS #WVBE2055328
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1975
Days On Site20
Listing Provided ByWeichert Realtors - Blue Ribbon | Anselm Tamasang

Features

SQ Feet1,080
Units2
Zoning319
Acreage0.43

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingHeat Pump(s)

Exterior

RoofMetal, Architectural Shingle
Construction MaterialsAluminum Siding, Block, Batts Insulation
Foundation DetailsBrick/Mortar

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2827

Area Information

StateWV
CountyBERKELEY WV
CityMARTINSBURG
Zip Code25404
AreaBERKELEY WV
School DistrictBERKELEY COUNTY SCHOOLS
Listing VS Median (in 25404)
Price:
$339,000
low | high
Med:
$287,863
65.084660766962% of Average
sqft:
1,080
low | high
Med:
1,461
14.722222222222% of Average
$ / sqft:
$314
low | high
Med:
$197
87.228907343134% of Average
On site:
20
low | high
Med:
153
13.071895424837% of Average
Sourced by Back At You

Market Activity 25404

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Learn More About This Property

Selea Andrews

Selea Andrews

Coachmen Properties

MD-658063 & DC-SP200203575 (240) 481-2014seleawheredreamscomehome@gmail.com
StateWV
CountyBERKELEY WV
CityMARTINSBURG
Zip Code25404
AreaBERKELEY WV
School DistrictBERKELEY COUNTY SCHOOLS
Listing VS Median (in 25404)
Price:
$339,000
low | high
Med:
$287,863
65.084660766962% of Average
sqft:
1,080
low | high
Med:
1,461
14.722222222222% of Average
$ / sqft:
$314
low | high
Med:
$197
87.228907343134% of Average
On site:
20
low | high
Med:
153
13.071895424837% of Average
Sourced by Back At You
Listing Updated: November 3, 2026 at 3:34:28 PM PST

Selea Andrews - Coachman Properties