111 E New Street
Shepherdstown, WV 25443
- 4 beds
- 2 baths
- 1,896 sqft
- 7,314 sqft lot
- $342 per sqft
- 1812 build
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.
Listing courtesy of BRIGHT / Greentree Associates of Shepherdstown, Inc.
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Last updated Apr 24, 2024
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MLS# WVJF2010288 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$649,900
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,480
|
Taxes | N/A |
Insurance | $178 |
Utilities | $424 See report |
Total | $4,082/mo.* |
*This is an estimate |
Walk Score®
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Bike Score®
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Soundscore™
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Air Pollution Index
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Sale history
Date | Event | Source | Price | % Change |
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4/24/24
Apr 24, 2024
|
Price Changed | BRIGHT | $649,900 | -5.1% |
4/4/24
Apr 4, 2024
|
Listed / Active | BRIGHT | $684,900 |