$ 1,600,000
-
$1,600,000
Price -
10
Bed -
0
Bath -
3,692
SqFt
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About the Listing GRNT1 - 58586
1585 Gardners Lane: Circa 1850 Farmhouse converted into 6 apartments, 2 cottages and 1 duplex totaling 10 units on 13.2 acres with huge bank barn and fencing/pasture for horses. 100% occupancy, great rental history over past 20 years of ownership. Roughly $11k per month totaling a potential yearly income of $132,910 (2025). Current owner operated and managed these units as short term rentals on month to month leases. Some tenants have remained for many years. One tenant leases a cottage and all the fenced areas and barn for an equestrian business. Tenants pay electric, owner provides Wi-Fi and trash removal. All tenants are on month to month leases. Multiple wells and septic systems. NOTE: 48 HOURS REQUIRED FOR ALL SHOWINGS.
Listing Highlights
Status
Active
Days on Site
33
Property Type
Multi-Family
MLS ®
WVJF2020542
Year Built
1850
Total Square Footage
3,692
Lot/Acreage
13.12
County
Jefferson
School District
Jefferson County Schools
Interior Details
- Bedrooms: 10
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces: 4, 4 Fireplaces
- Floor:
- Above Ground Sq Ft: 3692
- Below Ground Sq Ft: 0
- Basement: Dirt Floor,Outside Entrance,Poured Concrete,Rear Entrance,Unfinished,Walkout Stairs
- Other:
- Water: Well
Exterior Details
- Lot Description: Landscaping,Rear Yard,SideYard(s),Trees/Wooded,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: 112
- Roof: Metal
- Others: Sidewalks,Good
- Sewer: On Site Septic
- Parking Features: Assigned,Paved Parking,Driveway,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $6,241
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1585 Gardners Ln Shepherdstown, WV 25443
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