1318 DANDRIDGE St, Fredericksburg, VA 22401

Sqft
4,723

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBerkshire Hathaway HomeServices PenFed Realty
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Overview

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.

Main House: 2 Bed 1 Bath
Upstairs: 1 Bed 1 Bath
Basement: (2) 1 Bed 1 Bath
Rear Building: 2 Bed 1 Bath

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!

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
4,723
Lot size (acres)
0.01
Year built
1949

Utilities

Heating
Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$4,653

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: VAFB2010398 Last checked:

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