9539 S CONGRESS ST New Market, VA 22844

Calling all investors. Located in the beautiful town of New Market, Virginia this 4-unit multifamily property is looking for new ownership. This property boasts 4 total units in two separate buildings, with a common area garden and heated community laundry room with washer and dryer. (approx. 117sq ft) This property has had the roof scrapped, repaired and repainted approximately 3 years ago. Many of the units have updated electric and plumbing. Please see the information below on the units. also listed under residential.

9541a is a two-bedroom one bath at approx. 676sq ft. This unit features a fully remodeled with tile bathroom and tub, new kitchen and flooring throughout, electric and plumbing upgraded. HVAC five years old. Currently on a 12-month lease (January 2024) at $1000. Rent includes water sewer and trash.

9541b is a large studio apartment at 518sq ft. This unit has been fully remodeled with updated electric and plumbing. Electric efficient wall heaters and window AC unit (included). This unit offers a newly tiled bathroom/shower installed. This unit is currently vacant; however, was previously rented at $900 per month, rent for this unit includes water, sewer, and trash.

9539a is 1,344 SQ ft. two story two-bedroom large spacious bath with a shower, a bathtub, and an oversized closet upstairs. This unit features an open floor plan downstairs, large living room, dining area and large kitchen with tiled peninsula with an overhang for additional seating. Gas heat currently. Heat pump to be installed for AC in July 2024. This unit is currently using window AC units. This unit also has a large covered front porch separated for privacy. Current tenant on a 2-year lease (January 2024) and has been a valued tenant for multiple years. The current rent is $1,100.00 this includes all utilities. * This building does not have separate meters.

9539b is a 540sq ft one bedroom one bath with large eat in kitchen and separate covered porch. Wall heaters and window AC units are being used at this time. This unit is currently rented on a 2-year (January 2024) lease at $950.

This property also has a Storage area approximately 390sq ft. Complete with two leans to roofs for additional storage. Seller signing a new 12-month lease at $850 per month to rent the storage area and back part of the lot for his construction company. This is something he has been doing during the entire time he has owned the property.

The total square footage is approximately 3500 with all information provided by the seller.