Veterans United Realty
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1408 & 1410 PARCELL STREET, Fredericksburg, VA 22401

$750,000 Asking Price

6 beds
4 baths
3,112  sqft
Built in 1959

Discover a unique investment opportunity with this all-brick duplex located on a quiet street next to a cul de sac in the desirable College Heights neighborhood in downtown Fredericksburg! Perfect for both homeownership and rental income, this property offers the ideal setup: live in one unit while renting out the other or take advantage of the income from 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. Both units are nearly identical, offering an abundance of space with four levels. Each unit features 3 bedrooms and 1.5 bathrooms, with beautiful wood floors throughout. Convenient amenities include well-equipped kitchens, cozy family rooms with fireplaces, and dining rooms perfect for hosting. A shared covered front porch adds a welcoming touch and beautiful curb appeal. On the upper level you will enjoy two spacious bedrooms with wood floors and ceiling fans, ensuring comfort year-round. The full bathroom, with its tiled floor and tub, provides a tranquil retreat. The finished walk-up attic on the third floor offers a versatile space with wood flooring and a ceiling fan, perfect for a private sanctuary or home office. Each unit also includes a full, unfinished basement, offering plenty of storage or potential for customization. Out back, enjoy the screened-in porch, divided by elegant wrought iron, making it a serene spot to relax outside in a covered environment. Enjoy your morning coffee or unwind here after work. This duplex combines residential comfort with strong investment potential, making it an ideal choice for those looking to capitalize on the vibrant downtown Fredericksburg market. Discover the perfect blend of convenience, character, and financial opportunity in this inviting property. 2 Additional units available next door at 1412 & 1414 Parcell St for a total of 4 units - see separate MLS listing.


Listing Status:
Active
Date Added:
June 28, 2024 — 4 days ago
Listing Office:
EXP Realty, LLC, Michael J Gillies (540-300-1578)
Office Phone:
866-825-7169
MLS ID:
VAFB2006208

Features & Amenities

Interior

General:
2nd Kitchen,Attic,Ceiling Fan(s),Formal/Separate Dining Room,Tub Shower,Wood Floors
Rooms:
Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Family Room,Basement,Bedroom 1,Bathroom 1,Bathroom 2,Bonus Room,Half Bath
Basement:
Unfinished,Interior Access,Outside Entrance,Full
Flooring:
Hardwood,Ceramic Tile,Laminate Plank
A/C:
Window Unit(s)
Heating:
Y, Radiant,Hot Water, Natural Gas
Fireplace:
Wood,Mantel(s), Fireplace, Fireplaces: 2
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Colonial

Construction

Roofing:
Composite
General:
Brick, 4, Concrete Perimeter

Location

Originating MLS:
BRIGHT_MAIN
School District:
FREDERICKSBURG CITY PUBLIC SCHOOLS
County:
FREDERICKSBURG CITY

Lot

Zoning:
R4, 7779-54-4081

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
EXP Realty, LLC, Michael J Gillies

About Fredericksburg, VA

Housing

Number of Units
72,400
Median Home Value
$327,078
Median Rent
$1,221

30.93% of housing units are renter occupied.

4.42% are vacant.

Commute

Car
67.92%
Public Transportation
3.25%
Walk to Work
1.16%
Work from Home
26.86%
Other
0.56%

The median travel time to work is 27 minutes.

People

Population
193,177
Median Age
37.40
Median Household Size
2.89

Education

High School
25.68%
Associate’s Degree
8.36%
Bachelor’s Degree
22.62%
Graduate Degree
14.74%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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