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1806 18 Fredericksburg, VA 22401

Sponsored
For Sale
$1,200,000

Prime Location, High Occupancy, Strong ROI

Property size:
6,082 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional mixed-use property in vibrant downtown Fredericksburg, VA, presents a compelling investment opportunity. Located at 1806 Fall Hill Avenue, this 6,082 square foot building sits on a 0.12-acre lot and offers a blend of residential and commercial space. The complex comprises four residential apartments and a sizable retail space (approximately 1500 square feet). The residential units consist of two 2-bedroom, 1-bathroom apartments (one at 1802 Fall Hill Ave and one at 1804 Fall Hill Ave), and two units within 1806 Fall Hill Ave: a 2-bedroom, 1-bathroom apartment and a 3-bedroom, 1-bathroom apartment. All apartments except for the unit at 1802 Fall Hill Ave have undergone significant renovations within the last three years, resulting in modern and attractive living spaces for tenants. The property boasts a 100% occupancy rate, providing immediate and consistent cash flow. Its strategic location offers unparalleled convenience, being just minutes away from the Fredericksburg Train Station, FRED Regional Transit Bus Station, Mary Washington Hospital, the University of Mary Washington, and the Fredericksburg Central Parke Shopping Area. This turnkey investment is ideal for those seeking a stable, high-return property in a thriving urban setting. The asking price is $1,200,000.

Property Features for 1806 18

General Information

Property type
Mixed-use properties
Square Feet
6,082 SF
Lot Size
5,227 SF

Building Details

Year Built
1914

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Map

City
Fredericksburg
County
Fredericksburg City
State
Virginia
Longitude
-77.46861
Latitude
38.30978

FAQs

What type of property is this?
Mixed-use property - Prime Location, High Occupancy, Strong ROI
Where is this mixed-use property located?
The property is located at 1806 18 Fredericksburg, VA.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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