$649,900

111 E New St, Shepherdstown, 25443

MLS Number: Wvjf2010416
Standard Status: Active
Community: Corporation Of Shepherdstown
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 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. Some would consider these rents low to today's standards. $1,900/month in passive income off the back two apartments! All three properties have enormous potential for long or short term housing. Both rear apartments are leased through June 30, 2024 and require 24 hours notice to show. Owner is a licensed agent. Flood insurance was not required with current owner.

Contact Mike McCarthy

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Exterior Features

View
City, street
Architectural Style
Cottage
Construction Materials
Brick, wood Siding
Exterior Features
Exterior Lighting, gutter System, sidewalks
Foundation Details
Block, crawl Space, stone, slab
Parking Features
Paved Parking, rented/permit Required
Outdoor Living Structures
Porch(es), patio(s)
Roof
Metal

Interior Features

Heating
Baseboard - Electric, wood Burn Stove, other
Heating Fuel
Electric, wood
Cooling
Wall Unit, window Unit(s)
Hot Water
Electric
Fireplace
Yes
Flooring
Ceramic Tile, laminated, wood
Appliances
Built-in Microwave, dishwasher, dryer, dryer - Electric, microwave, oven/range - Electric, refrigerator, stainless Steel Appliances, washer, water Heater
Basement Type
Daylight, Partial, drainage System, outside Entrance, poured Concrete, rear Entrance, unfinished, walkout Stairs, windows, workshop
Interior Features
Dining Area, floor Plan - Traditional, kitchen - Eat-in, kitchen - Table Space, stove - Pellet, wood Floors, window Treatments
Units Furnished
None

Additional Details

Square Footage
1896
Acres
0.17
Year Built
1812
New Construction
No
Property Type
Multi-family
County
Jefferson
SchoolDistrictName
Jefferson County Schools

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