9408 South Congress St

    New Market, VA 22844
    • $360,000
    • STATUS: Active
    • ON SITE: 101 days
    • MLS #: 600403
    UPDATED: 21 min ago
    $360,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,976
      SQFT
    • $91
      $/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 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.

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    Listing information © 2020 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 2020-06-02T11:12:44.343.
    www.jeffgaffney.com/homes/103441068

    9408 South Congress St New Market, VA 22844

    • Price: $360,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 600403
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,976
    SQFT
    $91
    $/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 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.
    Exterior Features

    Access Public Road Exterior Brick Foundation Concrete Block Roof Tar &Amp; Gravel

    Interior Features

    Air Conditioning Heat PumpWindow Unit(S) Basement Slab Heating Baseboard 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 2 Unit One Beds 2 Unit One Sq Ft 1000 Unit One Type 2 Bed Apt Unit One Units 1 Unit Three Baths 1 Unit Three Beds 2 Unit Three Sq Ft 700 Unit Three Type 2 Bed Apt Unit Three Units 1 Unit Two Baths 1 Unit Two Beds 2 Unit Two Sq Ft 1000 Unit Two Type 2 Bed Apt Unit Two Units 1

    Property Features

    Assn Setup Transfer Fees 0 Average Expenses Mo 800 Green Features No Gross Rent 34320 Historic District Yes Hoa YN No Lender Owned No New Construction No Other Income Mo 0 Property Type 4+ Apts Road Maint 0 Sewer Septic Public Sewer Source Of Sq Ft Public Records Tax Year 2019 Taxes 1800 Tenant Pays Electricity Water Public Water Zoning B-1 Local Business

    Listing provided courtesy of Cottonwood Commercial Llc.


    Listing information © 2020 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 2020-06-02T11:12:44.343.
     
    Real Estate III
    1430 Rolkin Court, Suite 101
    Charlottesville VA, 22911