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9408 S Congress St
New Market, VA 22844
HISTORIC FORMER HENKEL PRESS BUILDING · Multifamily Property For Sale · 4 Units
PROPERTY FACTS
No. Units | 4 | Lot Size | 0.18 AC |
Property Type | Multifamily | Building Size | 4,170 SF |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built | 1900 |
Building Class | C |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.18 AC |
Building Size | 4,170 SF |
No. Stories | 2 |
Year Built | 1900 |
About 9408 S Congress St , New Market, VA 22844
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.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+2 | 1 | - | 1,000 |
2+1 | 2 | - | 750 - 1,000 |
1+1 | 1 | - | 550 |
PROPERTY TAXES
Parcel Number | 103A2-A-107 | Improvements Assessment | $163,300 |
Land Assessment | $47,900 | Total Assessment | $211,200 |
PROPERTY TAXES
zoning
Zoning Code | B-1 |
B-1 |
Learn More About Investing in Apartment Buildings
Listing ID: 18626221
Date on Market: 2/24/2020
Last Updated:
Address: 9408 S Congress St, New Market, VA 22844