1401 Charles Street
Fredericksburg, VA 22401
MLS #FB10129547

  • 4units
  • 0.05acres
  • 3,034sq ft
Est. P&I payment: $2226.66/mo
Description for 1401 Charles Street, Fredericksburg, VA 22401
Listed at appraised value. Rare multi-family offering in Downtown Fredericksburg. 4 unit building centrally located to dining, shopping, VRE, and UMW. Each unit features 2 bedrooms and 1 bath on 2 levels with hardwood flooring and a modern industrial vibe. All units currently occupied. Below market rents leave opportunity for upside potential for investor. Sold in as-is condition.
MLS #FB10129547
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My Notes for MLS #FB10129547

General Features

  • Property Type: Multi-Family
  • Type: Detached
  • Year Built: 1919
  • Total Units: 4
  • Two Bedroom Units: 4

Exterior Features

  • Exterior: Concrete / Block
  • Stories: 2
  • Handicap: None
  • Lot AreaAcre: 0.051653
  • Lot Size Area: 2,250
  • Parking: Street
  • Water Front: N

Interior Features

  • Tax Total Living Area: 3,034
  • Basement: N

Utilities Features

  • Appliances: Refrigerator,​Stove
  • Cooling Fuel: Electric
  • Cooling: Central Air Conditioning
  • Heating Fuel: Electric
  • Heating: Central
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 3,014.4
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 3,014.4
  • City Town Tax Payment Freq: Annually
  • Tax Year: 2017
  • Improvement Assessment Amount: 226,800
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 150,000
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 376,800
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Property Net Operating Income: 33,385.2
  • Gross Income: 42,300
  • Expenses: 8,914.8
  • Monthly Gross Rent: 3,525

Community Features

School Features

  • Elementary School: HUGH MERCER
  • High School: JAMES MONROE
  • Middle School: WALKER GRANT

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: 1 Year Lease(s)
  • New Construction: N
  • Zoning Code: R4


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The listing information for 1401 Charles Street, Fredericksburg, VA 22401 was graciously provided by our friends at the listing brokerage, Coldwell Banker Elite

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P&I Payment $2226.66
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MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
Last Updated 03/19/2018 at 4:53pm
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