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9408 South Congress St, NEW MARKET, Virginia – $360,000

  • $360k Price
  • 3,976 Sqft
  • .18 Acres
  • 47 DOM
  • $360k Price
  • 3,976 Sqft
  • .18 Acres
  • 47 DOM

9408 South Congress St

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
  • Square Footage3,976
  • Acres0.18
  • Year Built1900
  • TypeMulti-Family
  • Sub-Type4+ Apts
  • StatusActive

Community Information

  • Address9408 South Congress St
  • AreaShenandoah
  • SubdivisionNONE
  • CityNEW MARKET
  • StateVirginia
  • Zip Code22844

Interior

  • HeatingBaseboard
  • CoolingHeat Pump, Window Unit(s)
  • Has BasementYes
  • BasementSlab

Exterior

  • ExteriorBrick
  • RoofTar & Gravel
  • FoundationConcrete Block

School Information

  • ElementaryAshby Lee
  • MiddleNorth Fork
  • HighStonewall Jackson (Shenandoah)

Additional Information

  • Date ListedFebruary 21st, 2020
  • Days on Market47
  • ZoningB-1 Local Business

Listing Details

  • OfficeCottonwood Commercial LLC
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