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9408 S Congress St

New Market, VA 22844
  • $449,900
  • STATUS: Active
  • ON SITE: 133 Days
  • MLS #: 625425
UPDATED: 39 min ago
$449,900
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,976
    SQFT
  • $113
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
Area:

School Information

Elementary School:
Middle School:

Description

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 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 $36,720. 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.

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Listing information © 2022 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Real Estate III. Data last updated 2022-05-21T18:13:01.19.
www.jeffgaffney.com/homes/124553908
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9408 S Congress St New Market, VA 22844

  • Price: $449,900
  • Status: Active
  • On Site: 133 Days
  • Updated: 39 min ago
  • MLS #: 625425
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,976
SQFT
$113
$/SQFT
1900
Built
Neighborhood:
None
Area:
Shenandoah
Elementary School:
Ashby Lee
Middle School:
North Fork
High School:
Stonewall Jackson (Shenandoah)
Property Description
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 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 $36,720. 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.
Exterior Features

Access Public Road Foundation Concrete BlockStone

Interior Features

Air Conditioning Heat Pump Basement Inside Access Heating BaseboardNatural Gas Unit Four Baths 1 Unit Four Beds 1 Unit Four Sq Ft 550 Unit Four Type 1 Bed Apt Unit Four Units 1 Unit One Baths 1.5 Unit One Beds 2 Unit One Sq Ft 1100 Unit One Type 2 Bed Apt Unit One Units 1 Unit Three Baths 1 Unit Three Beds 2 Unit Three Sq Ft 750 Unit Three Type 2 Bed Apt Unit Three Units 1 Unit Two Baths 1 Unit Two Beds 2 Unit Two Sq Ft 800 Unit Two Type 2 Bed Apt Unit Two Units 1

Property Features

Assn Setup Transfer Fees 0 Average Expenses Mo 650 Green Features No Gross Rent 24720 Hoa YN No Lender Owned No New Construction No Other Income Mo 0 Over55 Community No Property Type 4+ Apts Road Maint 0 Sewer Septic Public Sewer Source Of Sq Ft Public Records Tax Year 2022 Taxes 1800 Tenant Pays ElectricityGas Water Public Water Zoning B-1 Local Business

Listing provided courtesy of Cottonwood Commercial Llc.


Listing information © 2022 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Real Estate III. Data last updated 2022-05-21T18:13:01.19.
 
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