This property offers excellent opportunities to investors willing to invest in downtown Fredericksburg. It is minutes from Fredericksburg Train Station, FRED Regional Transit Bus Station, Mary Washington Hospital, the University of Mary Washington, and Fredericksburg Central Parke Shopping Area. The complex comprises four residential apartments and a commercial retail space.… Read More Building One: 1802 Fall Hill Ave - 2 Bedrooms and 1 bathroom and 1804 Fall Hill Ave - 2 Bedrooms and 1 bathroom Building Two: 1806 Fall Hill Ave, Apt 1 - 2 Bedrooms, and 1 bathroom, 1806 Fall Hill Ave, Apt 2 - 3 Bedrooms, and 1 bathroom, 1806 Fall Hill - Retail Commercial Space - Approx. 1500 Sq ft The complex is currently 100% occupied and offers a secure investment opportunity. Apart from 1802, all apartments have undergone extensive renovations in the last three years, ensuring tenants a modern, attractive living space and a promising long-term return for investors. Read Less
Courtesy of Amy Stanford, United Real Estate Premier [email protected]
Listing Snapshot
Days Online
76
Last Updated
Property Type
Mixed Use
Square Ft.
8,000
Lot Size
0.12 Acres
Year Built
1914
MLS Number
VAFB2006912
30 Days Snapshot Of 22401
$451k
-18%
(avg) sold price
15
-48%
homes sold
24
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Negotiable
Building
6,082 net sqft, 8,000 total building sqft, Built in 1914, Major renovation in 2023, 2 units in building, Wood Siding, Stick Built
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