1401 Charles Street

    Fredericksburg, VA 22401
    • $575,000
    • STATUS: Active Under Contract
    • ON SITE: 193 days
    • ID#: FB10129547
    Under Contract
    UPDATED: 64 min ago
    $575,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1919

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Priced below appraised value! Rare multi-family offering in Downtown Fredericksburg. 4 unit building centrally located to dining, shopping, VRE, and UMW. Each unit features 2 bedrooms and 1 bath on 2 levels with hardwood flooring and a modern industrial vibe. All units currently occupied. Below market rents leave opportunity for upside potential for investor. Sold in as-is condition.

    Monthly Payment Calculator



    The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than The Belt Team - Keller Williams Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2018-07-18T19:19:00.09.

    The Belt Team - Keller Williams Realty: (703) 242-3975
    www.beltteamrealestate.com/homes/79731781

    1401 Charles Street Fredericksburg, VA 22401

    • Price: $575,000
    • Status: Active Under Contract
    • Updated: 64 min ago
    • ID#: FB10129547
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1919
    Built
    Neighborhood:
    Downtown
    County:
    Fredericksburg City
    Area:
    Fredericksburg City
    Elementary School:
    Hugh Mercer
    Middle School:
    Walker Grant
    High School:
    James Monroe
    Property Description
    Priced below appraised value! Rare multi-family offering in Downtown Fredericksburg. 4 unit building centrally located to dining, shopping, VRE, and UMW. Each unit features 2 bedrooms and 1 bath on 2 levels with hardwood flooring and a modern industrial vibe. All units currently occupied. Below market rents leave opportunity for upside potential for investor. Sold in as-is condition.
    Exterior Features

    Exterior Concrete / Block Parking Street Waterfront No

    Interior Features

    Amenities Wood Floors Appliances RefrigeratorStove Basement No Cooling Central Air Conditioning Cooling Fuel Electric Fireplaces 0 Handicap None Heating Central Heating Fuel Electric Hot Water Electric Tax Total Living Area 3034

    Property Features

    Assessment Year 2017 Auction No City Town Tax 3014.4 City Town Tax Payment Freq Annually Contingency List Home Inspection Disclosures Lead Based Paint - FederalLead Based Paint - StateProp Disclosure Documents Leases Efficiency Units 0 Election District 1 Expenses 8914.8 For Sale Yes Foreclosure No Gross Income 42300.0 HOA No Improvement Assessment Amount 226800.0 Improvement Assessment Payment Freq Annually Incorporated City 10000046416 Land Assessment Amount 150000.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Cntg/No Ko Lot Number 140 Monthly Gross Rent 3525.0 Multifamily Type Detached New Construction No One Bedroom Units 0 Ownership Fee Simple Possession SettlementSubj-Exist Lease Property Net Operating Income 33385.2 Sewer Septic Public Sewer Short Sale No Single Room Units 0 Tax Year 2017 Tenancy 1 Year Lease(S) Three Bedroom Units 0 Total Assessment 376800.0 Total Assessment Payment Freq Annually Total Taxes 3014.4 Total Taxes Payment Freq Annually Two Bedroom Units 4 Vacancy Factor 0.0 Vacation Home No Water Public Zoning Code R4

    Listing courtesy of Heather O'neill of Coldwell Banker Elite.


    The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than The Belt Team - Keller Williams Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2018-07-18T19:19:00.09.

    The Belt Team - Keller Williams Realty: (703) 242-3975
     
    The Belt Team - Keller Williams Realty
    6820 Elm Street
    McLean VA, 22101