9200 N Congress St
Property Description
Turnkey multi-unit investment property! Five residential apartments, immediate availability, and a convenient Shenandoah Valley location give investors a strong opportunity to add a flexible multi-family property to your portfolio. Located at 9200 North Congress Street in New Market, this approximately 5,278-square-foot apartment building on 0.45 acre includes four 1-bedroom units and one 2-bedroom unit, currently vacant and ready for lease-up. The interior is in good condition, with laundry, central A/C, heat pump heating, public water and sewer, and ample paved parking adding practical appeal for tenants. Additional possibilities for the property could include hospitality, short-term rental/Airbnb, assisted living, extended-stay accommodations, workforce housing, or other residential or lodging concepts, subject to applicable requirements and approvals. Buyers should conduct their own due diligence to verify the existing unit configuration, zoning, permitted uses, square footage, building requirements, and any other factors relevant to their intended use of the property. Move-in ready with lots of potential, this property can strengthen a growing investment portfolio or help establish a multi-revenue rental profile for new investors. Coldwell Banker Premier offers full-service property/rental management, connect with us for details about projected rental income, management options, and to discover what this asset could do for you!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $425,000 |
| No. of Units: | 5 |
| Year Built: | 2003 |
| Lot Size: | 0.53 Acres |
| Opportunity Zone: | No |
| Price per unit: | $85,000 |
| Property Website | Click Here |
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