301 S Market Street Martinsburg, PA 16662
MULTI_FAMILY - Martinsburg, PA
Property Features for 301 S Market Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Off Street
- Standard status
- Active
- APN
- 15.00-04..-090.00-000
- Size
- 1,808 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1886
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Forced Air
- Water source
- Public
Building Details
- Year built
- 1890
Listing agent Cinnamon Colony Chatman License #RS227894L (814) 329-0372
Listing office Colony Realty Group, Ltd 1207 Allegheny Street, PA (814) 696-9500
Listing date Jul 9, 2026
Copyright © 2026 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is situated on a corner lot in Martinsburg, Pennsylvania. Long-term tenants are in place, and a minimum of 24 hours’ notice is required for all showings.
Set up for straightforward rental operations, the building’s configuration supports a one-bedroom unit on the main level and a two-bedroom unit above.
Key Highlights
- Brick duplex built in 1890 in Martinsburg
- Two units: main floor has living room, kitchen, and 1 bedroom; 2nd floor has living room, kitchen, and 2 bedrooms
- Corner lot with off‑street parking
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.7k | $14.76 |
| − Vacancy | −$1.3k | −$0.74 |
| EGI | $25.4k | $14.02 |
| − OpEx | −$11.4k | −$6.31 |
| NOI | $13.9k | $7.71 |
