1200 Grazier Street
Martinsburg, WV, 25404 $ 339,000
Bedrooms2 Baths0.0 Monthly Estimate*
$ 2,341
for $339,000 with 2 bedrooms. This home was built in 1975 on a lot size of 0.43.
This prime mixed-use investment property offers a rare combination of immediate rental income and future development potential. Upstairs, youll 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 youre 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 buyers closing costs with a full-price offer at settlement COMES WITH AN EXTRA LOT.
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FeaturesGeneralLiving Area 1080
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Metal Architectural Shingle
Zoning 319
Architectural Style Other Unit/Flat
Construction Materials Aluminum Siding Block Batts Insulation
School District BERKELEY COUNTY SCHOOLS
Year Built 1975
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality City Of Martinsburg
Accessibility >84 Garage Door
County BERKELEY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Use GPS
City MARTINSBURG
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 18730.00
Tax Annual Amount 2827.0
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 313.89
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 10-11-12
Total Actual Rent 30000.00
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InteriorHeating Fuel Electric
Flooring Luxury Vinyl Plank Concrete
Hot Water Electric
Furnished Units Some
Basement (Y/N) N
Heating Y/N Y
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street Parking Lot Private Garage
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.43
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 27840.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByAnselm TamasangListing Agent
Martinsburg - Weichert, Realtors® - Blue RibbonBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,341
- Monthly Property Taxes
- $236
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Martinsburg, WV
Average List Price $280,467
Percent of Sale Price 17%
About Martinsburg, WV 17,477 Population
14% Since 2002
$ 39,264 Median Income
39.37 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533303 Elementary School
3533616 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/16/2026 | $339,000 | | Listed Price |