Remarks

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.
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.

Details

MLS#: VAFB2006912
Price: $1,200,000

Year Built: 1914

County: FREDERICKSBURG CITY
Tax Fee: 1927.0