9408 S Congress St, NEW MARKET, 22844

Multi-Family - 4+ Apts

$434,900

7Beds
Full Baths
Half Baths

3,976Sqft
.18Acres
1900Built
20DOM
MLS® #: 625425
Active, 20 Days on Market

Ben Schlabach

REALTOR

  • Office 540-434-2400
  • Cell 540-908-9541
Questions?

Historic former Henkel Press Building on S Congress St in New Market! Building consist of 4 well maintained units, 2 on first floor and 2 on second floor. Three of the units are 2 bedroom, and one is a 1 bedroom. Front unit could be occupied immediately, for residential or commercial with great storefront windows, high ceilings, exposed brick walls and wood floors. 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 2, he will sign up to 1 year lease at closing, this unit had extensive renovations in 2021. Potential gross income of $37,920. Future owner could increase value by increasing rents. See proforma income and rent roll for more details. Call now to see this unique mixed use building.

Essential Information

MLS® #: 625425
Price: $434,900
Bedrooms: 7
Total Bathrooms: 4.50
Square Footage: 3,976
Acres: 0.18
Year Built: 1900
Type: Multi-Family
Sub-Type: 4+ Apts
Status: Active

Community Information

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

Interior

Heating: Baseboard, Natural Gas
Cooling: Heat Pump
Has Basement: Yes
Basement: Inside Access

Exterior

Foundation: Concrete Block, Stone

School Information

Additional Information

Date Listed: January 4th, 2022
Days on Market: 20
Zoning: B-1 Local Business
Listing Office: Cottonwood Commercial LLC
Listing Agent: Craig Anders

Listing Details

Listing Office: Cottonwood Commercial LLC

Financials

$/SqFt: $109

Neighborhood Information for 9408 S 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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