Listing details
This 5-bedroom, 2.5-bathroom detached home in Alum Springs Estates offers a solid investment opportunity with a spacious 2,288 sq. ft. layout on a generous 0.47-acre lot. The interior boasts practical features such as a breakfast area, a pantry, and a laundry chute, enhancing daily living convenience. The unfinished basement presents a blank canvas for potential expansion or additional living space, which could significantly increase property value. Key appliances include a dishwasher, electric oven/range, refrigerator, and washer/dryer, ensuring immediate functionality for tenants or future buyers. The home is equipped with a cozy fireplace, perfect for creating a warm atmosphere, and an enclosed porch that adds usable space year-round. With a below-average property condition, there is ample opportunity for value-add renovations, making this an attractive prospect for investors looking to capitalize on the potential for appreciation. The attached front-entry garage provides convenient parking and storage, further enhancing the property's appeal. This property is positioned for strong rental demand or resale potential, making it a strategic addition to any investment portfolio. This property does need work, but with the right vision an investor can create an amazing home that will appeal to a broad pool of potential future buyers.
Features
Location
Living in Fredericksburg
Schools
Public schools
- James Monroe High School
- Walker-Grant Middle School
Commute
Major Routes
I-95, Rt 1, Rt 3
Walkability
Car-Dependent
Safety
47% above Virginia average
Property Tax
~$2,805/yr on median home
This home is no longer for sale
This listing has come off the market, so it cannot be bought through smover right now. The details below are kept for reference.
Looking for a home like this one?
Search homes for sale near here and find an agent who knows the area.
Search homes for sale