9408 South Congress St, NEW MARKET, 22844

Multi-Family - 4+ Apts

$360,000

7Beds
5Baths
3,976Sqft
.18Acres
1900Built
101DOM
MLS® #: 600403
Active, 101 Days on Market

Mattias Clymer

REALTOR®

  • Office 540-434-2400
  • Cell 540-246-9067
Questions?

Historic former Henkel Press Building on S Congress St in New Market is perfect for investor looking for small investment property! Building consist of 4 well maintained apartments, 2 on first floor and 2 on second floor. Highly visible location on Congress Street with ample off-street parking available in a municipal lot directly across from the property as well as in rear of property. Owner currently occupies unit one and will sign 1 year lease at closing. Potential gross income of $34,320. Future owner could increase value by increasing rents. See proforma income state and rent roll for more details.

Essential Information

MLS® #: 600403
Price: $360,000
Bedrooms: 7
Total Bathrooms: 5.00
Square Footage: 3,976
Acres: 0.18
Year Built: 1900
Type: Multi-Family
Sub-Type: 4+ Apts
Status: Active

Community Information

Address: 9408 South Congress St
Subdivision: NONE
State: Virginia
Zip Code: 22844

Interior

Heating: Baseboard
Cooling: Heat Pump, Window Unit(s)
Has Basement: Yes
Basement: Slab

Exterior

Exterior: Brick
Roof: Tar & Gravel
Foundation: Concrete Block

School Information

Additional Information

Date Listed: February 21st, 2020
Days on Market: 101
Zoning: B-1 Local Business
Listing Office: Cottonwood Commercial LLC
Listing Agent: Logan Zysk

Listing Details

Listing Office: Cottonwood Commercial LLC

Financials

$/SqFt: $91

Neighborhood Information for 9408 South Congress St

Growing Population, Moderate Residential Turnover

  • Lows

    • January 22.20℉
    • July 62.70℉
  • rain icon

    Precipitation

    • 35.18"
  • Highs

    • January 42.80℉
    • July 87.10℉

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