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Map
$499,157*
●
Multifamily -
Off Market
9408 S CONGRESS ST
NEW MARKET, VA 22844
7 Beds
5 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
In Contract
Multifamily
7
Beds
4.5
Baths
3,976 ft²
$108/ft²
$429,900
Jun 1, 2023
-
$150/mo
Active
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 |
---|---|---|---|---|---|---|---|---|
06/01/2023
|
|
7 Bed
|
4.5 Bath
|
3976 ft²
|
$429,900
7 Bed
4.5 Bath
3976 ft²
|
-
-
|
-
|
Craig Anders
Cottonwood Commercial LLC
|
01/04/2022
|
|
7 Bed
|
5 Bath
|
3976 ft²
|
$434,900
7 Bed
5 Bath
3976 ft²
|
-
-
|
-
|
Craig Anders
Cottonwood Commercial LLC
|
02/21/2020
|
|
7 Bed
|
5 Bath
|
3976 ft²
|
$360,000
7 Bed
5 Bath
3976 ft²
|
-
01/27/2021
|
Logan Zysk
|
Building Info
9408 South Congress Street
9408 South Congress Street, New Market, VA 22844