Browse All Fredericksburg VA Multi-Family Properties for Sale

$59,900

Thinking of starting your own hair salon? Don't start from scratch! This established hair salon and spa located on chic mezzanine level in downtown Fredericksburg has your chair waiting! 9 stations, 2 wash basins and color bar. 3 separate rooms for facial and skin care. Bright and relaxing mani/pedi area overlooking downtown street. Master stylist & certified colorist, Master pedicurist and Esthetician will stay for 1 year to insure continuation of business. Space is leased for $1,600 per month and includes ALL UTILITIES! NO CAM FEES.

810 Caroline St Unit #201, Fredericksburg

Listing courtesy of Samson Properties. Contact: 7036802631

$800,000

INVESTOR SPECIAL in the heart of Fredericksburg! Exceptional income-producing opportunity just two blocks from the University of Mary Washington and minutes from Mary Washington Hospital, Central Park shopping, and the Cowan Boulevard retail corridor. This unique multifamily property is currently configured as a triplex with the potential for up to five rental units depending on your investment strategy and occupancy plan. Whether you're looking to expand your rental portfolio, create student housing, pursue mid-term rentals for medical professionals, or maximize cash flow through multiple income streams, this property offers tremendous upside. Main House: 2 Bed 1 Bath Upstairs: 1 Bed 1 Bath Basement: (2) 1 Bed 1 Bath Rear Building: 2 Bed 1 Bath Recent improvements include three new HVAC systems, a new water heater, all-new luxury vinyl plank flooring throughout, and updated drywall replacing the original wood paneling. Electrical upgrades have been started, including installation of a new service panel; however, work was not completed and will require permits and completion by the new owner. Conveniently located near dining, shopping, healthcare facilities, and major commuter routes, this property is ideally positioned to attract tenants year-round. Property is being sold strictly AS IS. Buyer to perform all due diligence regarding zoning, unit count, permits, and intended use. Don't miss this rare value-add multifamily opportunity in one of Fredericksburg's most desirable rental markets!

1318 Dandridge St, Fredericksburg

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact:

$900,000

Rare opportunity in the City of Fredericksburg. Three single family home lots which include two existing homes in Fredericksburg Historic District. The sale of 309 Prince Edward will include both lots and existing homes on 307 Prince Edward and 311 Prince Edward. All 3 lots can be developed at the same time in order to reduce development costs. Three adjacent lots with 2 historic structures in sought after Historic District. Opportunity for Three 2-car garages with off-street parking in downtown Fredericksburg. Less than 2 blocks from the train station, restaurants, and shops of Old Town Fredericksburg. This listing includes 307, 309 and 311 Prince Edward Street, even though it is listed under 309 Prince Edward. Proposed plans for the development of the 3 lots are shown in the photos. Plans include 3 - two car garages (one 2-car garage for each lot) and also has options for ADU's in each lot upon approval. This opportunity almost never comes along. Properties sold together. VARIANCE GRANTED a variance from the Board of Zoning Appeals to allow to build up to the side lot line between 307 and 309 & 309 and 311 to build an accessory structure on 309 Prince Edward where no principal residence now exists, and to exceed the height limitations by an additional 2 feet. Applicant to honor all building lines between Applicant's property and neighboring properties to include side and rear lot lines.

309 Prince Edward St, Fredericksburg

Listing courtesy of Aquia Realty, Inc.. Contact: (540) 659-2192

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