See Home Value
New Market 22844
9408 S CONGRESS ST
$499,157*
Multifamily - Off Market

9408 S CONGRESS ST

NEW MARKET, VA 22844
bedrooms
7 Beds
bathrooms
5 Baths
square feet
3976 Sqft
$324,000 - $396,000
Reference Base Price*
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

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.

The manager has listed the unit size as 3976 square feet.
Unit Size
3,976Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$91
Property Type
Multifamily
Property Taxes
$1,800
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jul 23, 2020 No longer available -
No longer available
Feb 21, 2020 Listed $360,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
4 Baths
4,268 ft²
$89/ft²
$380,000 Nov 18, 2022
$380,000 Jun 12, 2023
-
House
3 Beds
3 Baths
1,400 ft²
$225/ft²
$315,000 Apr 19, 2023
$315,000 May 25, 2023
-
Multifamily
7 Beds
4.5 Baths
3,976 ft²
$108/ft²
$429,900 Jun 1, 2023
-
$150/mo
Commercial
Loft
-
1,644 ft²
$182/ft²
$299,900 Jun 24, 2023
-
$815/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230601
06/01/2023
7 Bed
4.5 Bath
3976 ft²
$429,900
bedrooms
7 Bed
bathrooms
4.5 Bath
square feet
3976 ft²
-
-
-
Craig Anders
Cottonwood Commercial LLC
20220104
01/04/2022
7 Bed
5 Bath
3976 ft²
$434,900
bedrooms
7 Bed
bathrooms
5 Bath
square feet
3976 ft²
-
-
-
Craig Anders
Cottonwood Commercial LLC
20200221
02/21/2020
7 Bed
5 Bath
3976 ft²
$360,000
bedrooms
7 Bed
bathrooms
5 Bath
square feet
3976 ft²
-
01/27/2021
Logan Zysk

Building Info

9408 South Congress Street 9408 South Congress Street, New Market, VA 22844
More about this Building
9408 South Congress Street
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About New Market


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