1585 Gardners Lane Shepherdstown, WV 25443

$1,600,000
6
Beds
6
Baths
13.12
Acres
3,692
SQFT
433
$/SQFT
$1,600,000
6
Beds
6
Baths
3,692   sf
$433 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Jefferson
  • Tax Amount
    $6,241
  • Status
    Active
  • Listing #
    WVJF2020612
  • Built
    1850
  • Lot Size
    13.12
  • Listed on site
    20 days
  • Listing Agent Id
    121135432090

Listed by:
Greentree Associates of Shepherdstown, Inc.

Source:
BRIGHT MLS

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Property details

Community Features

  • Horse Property
  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions
  • Historic Property
  • Sewer

View

  • Greenbelt View
  • Wooded View

Exterior features

  • Fence
  • No Pool
  • Basement

Interior Features

  • Fire Place
  • Heat Electric
  • Main Floor Bedroom

Style

  • Colonial
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