$1,600,000

1585 GARDNERS LN, Shepherdstown, WV 25443

  • 3,692 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1850
  • Property Lot Size Icon13.12acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $433/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

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 Status:
Active
Date Added:
November 15, 2025 at 06:00AM
Listing Office:
Greentree Associates of Shepherdstown, Inc. : 3048763737
Listing Agent:
Brad P Lewis : 3042835192
MLS ID:
WVJF2020542
  • Basement: Dirt floorOutside entrancePoured concreteRear entranceUnfinishedWalkout stairs
  • A/C: Window Unit(s)
  • Heating: Baseboard - ElectricElectric
  • Fireplace: FireplaceFireplaces: 4
  • Disability Feature: None
  • General: SidewalksAbove GradeBelow Grade
  • Style: Colonial
  • Other Structures: PorchPatio
  • Parking: AssignedPaved Parking
  • Roofing: Metal
  • General: BrickStone
  • Originating MLS: BRIGHT_MAIN
  • School District: JEFFERSON COUNTY SCHOOLS
  • County: JEFFERSON-WV
  • Zoning: 11209 17000900010000
  • View: PanoramicPastureScenic VistaStreetTrees/Woods
  • Utilities: Electric availablePhone availableSewer availableWater available
  • Water: Well
  • Sewer: On Site Septic
  • Source: BRIGHT_MAIN

This listing courtesy of Brad P Lewis, Greentree Associates of Shepherdstown, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Shepherdstown Elementary School

662 S Church St, Shepherdstown, WV, 25443

Grades KG-5

1.75 miles away

S

Shepherdstown Middle School

54 Minden St, Shepherdstown, WV, 25443

Grades 6-8

1.79 miles away

J

Jefferson High School

4141 Flowing Springs Rd, Shenandoah Junction, WV, 25442

Grades 9-12

3.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.