1412 & 1414 Parcell Street Fredericksburg, VA $ 850,000
1412 & 1414 Parcell Street
$ 850,000
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1412 & 1414 Parcell Street

Fredericksburg, VA, 22401
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,091

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Studio

Multi-Family Home for sale in Fredericksburg, VA

for $850,000. This home was built in 1966 on a lot size of 0.23.

Located on a quiet cul-de-sac street in the College Heights neighborhood at the heart of downtown Fredericksburg, this beautiful all-brick duplex offers a rare opportunity to combine your home and investment property. Live in one unit and rent out the other, creating a smart and flexible living arrangement in the heart of the city or take advantage of the incredible cash flow potential by renting both units. Located within walking distance to the University of Mary Washington and numerous dining options, this duplex ensures convenience and accessibility. The VRE station is just a 10-minute bike ride away, making it a commuter's dream. Each unit offers four finished levels with 4 bedrooms in each and gorgeous hardwood floors throughout most of the home. Highlights of each unit include an inviting entrance on a covered front porch, hardwood floors throughout the main level, spacious family room with a brick front fireplace adding charm to the space, well-equipped kitchen, separate dining space and a half bath on the main level. The upper level has three spacious bedrooms with hardwood floors. The primary bedroom has it's own bathroom, while the other two bedrooms share a bathroom. A finished walk-up flex space is located on the 4th level of the home. This versatile bonus room is huge, with beautiful hardwood floors and makes a great flex space to suit your needs including as a 4th bedroom. Beautiful wood stairs with a carpet runner lead down to the finished basement, where a cozy den and a spacious rec room with another fireplace await. One unit includes a half bath with potential for adding a shower, while the other features a full bathroom. Out back, the screened porch has a lovely brick floor, making this a perfect place to unwind at the end of the day. Discover the perfect blend of comfort, convenience, and character in this delightful duplex. Whether you're a homeowner or an investor, this property offers a unique and appealing opportunity in downtown Fredericksburg. 2 Additional units available next door at 1408 & 1410 Parcell St for a total of 4 units - see separate MLS listing.

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Multi-Family Pending

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,468

Style

Colonial

Lot Size

0.23

Year Built

1966

Town/City

Fredericksburg

County/Region

Fredericksburg City

MLS | Web ID

VAFB2006330

Features
General
Interior Features 2nd Kitchen Attic Ceiling Fan(s) Formal/Separate Dining Room Kitchen - Eat-In Bathroom - Tub Shower Wood Floors
Sewer Public Sewer
Heating Hot Water Radiant
Cooling Window Unit(s)
Possession Settlement
Roof Composite
Appliances Refrigerator Oven/Range - Electric Oven - Wall Oven - Single Dishwasher
Zoning R4
Patio/Porch Features Porch(es) Screened Brick
Architectural Style Colonial
Construction Materials Brick
School District FREDERICKSBURG CITY PUBLIC SCHOOLS
Year Built 1966
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County FREDERICKSBURG CITY
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions From I-95 Take exit 130 for Rt 3 E toward Fredericksburg - As you cross under Rt 1 use the left most turn lane and make a left onto William St - Turn left onto Stafford Ave - Turn left onto Parcell S
City FREDERICKSBURG
Disclosures Prop Disclosure Lead Based Paint - Federal
NumberOfUnitsTotal 2
Lot Size Units Square Feet
Lot Size Square Feet 10018.80
Waterfront Y/N N
Tax Annual Amount 5468.0
Property Condition Very Good
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 196.49
Vacation Rental Y/N N
Days on Market 55
Standard Status Pending
Year Built Source Estimated
Tax Lot 8
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Interior
Heating Fuel Natural Gas
Basement Full Fully Finished Interior Access Outside Entrance Walkout Stairs
Flooring Hardwood Ceramic Tile
Total Fireplaces 2
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Driveway Off Street On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.23
Lot Size Source Estimated
Land Assessed Value 150000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1412
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* Excluded Features
List By
Exp Realty, Llc

Broker

michael@gilliesteam.com

Email

Affordability Calculator

$5,546
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,091
Monthly Property Taxes
$456
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3534397 Elementary School
3536234 Middle School
James Monroe High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2024$850,000 -10.53% Price Down
7/2/2024$950,000 Listed Price

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1412 & 1414 Parcell Street, Fredericksburg, VA, 22401 is a Multi-Family Home for sale at $850,000 with a lot size of 0.23. 1412 & 1414 Parcell Street is a studio with 0.0 baths and was built in 1966. The property's zip code is 22401 which is in Fredericksburg, VA