61 Chance Ln Kearneysville, WV 25430

Minimum 48 Hour Notice required to show this property. 11-15-19-61 Chance Lane. 4, 1 bedroom units. Taxes indicate it as 61 Chance Lane. 4 Unit Multi-Family Property on 2.89 acres close to major commuting corridors. One 3 Unit townhouse building (11-15-19) and One Cape Cod style 1 bedroom cottage (61 Chance Lane). Rear and side yard for expansion potential. Both buildings have separate septic systems yet share the same well water source. Water has a new softener and UV light system and newer hot water heaters. The townhouse building has 3 units, all identical in floor plan/conveniences. All townhouse units have new wall mounted AC/Heater units, 2/3 have new appliances, all units are all electric with tenant paying all utilities. All 3 townhouse units share a basement laundry area. The townhouse units have common area storage and laundry in the basement. One car wide garage door allows ownership additional easy access private/secure storage. The Cottage rental has hardwood floors, non-functional fireplace for insurance purposes, and has its owner washer/dryer. This property has an extensive long term rental history with its tenants....one currently remaining on their 10th year. All lease rates would be considered very low to today's standards. The owner has renewed all leases through June 30, 2023 allowing new ownership to give ample notice to current tenants of potential future rent increases. Gross monthly rents for 2022-2023 beginning Aug 1, 2022 will be 3,150/Mo totaling $37,800 for one year. Potential expansion on undeveloped land, potential to separate into two parcels, potential additional income boarding horses, potential storage rental income in basement, potential providing revenue generating/coin operated laundry/amenities in basement.....so much potential.