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$849,900

For Sale

4 hours ago

1318 Dandridge St, Fredericksburg, VA

House

MLS® VAFB2010398

0 Bed

0 Bath

4723 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 4723 sqft
Garage 
Taxes $4,653
Days Active 0
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $179
MLS® Number VAFB2010398

Property Address: 1318 Dandridge St, FREDERICKSBURG, VA, 22401-5326

Average square foot calculated using Size range provided by listing agent.

Description

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. 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!
MLS® NumberVAFB2010398
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1949
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 30, 2026List Date
$849,900List Price
Feb 15, 2025End Date
$620,000Sold Price

Sold

Aug 21, 2024List Date
$749,900List Price
  • Commute

Commute

Starting Address
Destination Address
1318 Dandridge St, Fredericksburg, VA

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