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.
5,250 Sq Ft Exterior Space
Commercial
$1,927 Annual Tax
Built in 1914
MLS/Listing ID VAFB2007476
NONE AVAILABLE
2 Units
Listing Courtesy of UNITED REAL ESTATE PREMIER, AMY A STANFORD - 703-232-2777
Source of Data: BRIGHT MLS
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All information deemed reliable but not guaranteed. Last date updated: 04/25/2025.
Source: Bright Multiple Listing Service, Inc.
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