511 Spottswood Street

Fredericksburg, VA 22401

$829,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Remarkable Investment opportunity right in Downtown Fredericksburg. Immediate income producing property containing 4 apartment units in main house, with an additional 5th apartment above the detached garage building behind. All currently occupied. Each apartment contains a full kitchen and bath. Property sits on a large corner lot that is a 0.4 mile walk to the VRE station and equal or less distance to shops/restaurants. Additional detached garage shop zoned commercial.Remarkable Investment opportunity right in Downtown Fredericksburg. Immediate income producing property containing 4 apartment units in main house, with an additional 5th apartment above the detached garage building behind. All currently occupied. Each apartment contains a full kitchen and bath. Property sits on a large corner lot that is a 0.4 mile walk to the VRE station and equal or less distance to shops/restaurants. Additional detached garage shop zoned commercial.
  1. Listed by Kimberly Jewell • Reform Realty
    P: (540)-479-9345 kjewell@reformrealtyco.com

Property Details for 511 Spottswood Street

Tax ID Number
7789-02-5532
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Subdivision
CITY OF FREDERICKSBURG
Subdivision
CITY OF FREDERICKSBURG (FREDERICKSBURG CITY VA)
LISTING UPDATED: 12/10/2024 11:25 AM

Property Details for 511 Spottswood Street

StatusActive
MLS #VAFB2007100
Days on Market54
Taxes$4,245 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1880
Lot Size0.18 AC / 7,840 SF
CountyFredericksburg Independent City

Building Information for 511 Spottswood Street

Stories-Residences4Year Built1880Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 511 Spottswood Street

Location
Location
  • In City Limits: Yes
  • School District Name: FREDERICKSBURG CITY PUBLIC SCHOOLS
  • School District County ID: 121137587137
  • SchoolDistrictSource: Listing Agent
  • County: FREDERICKSBURG CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $511,400
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $320,300
  • City Town Tax: $4,245
  • Land Assessed Value: $191,100
  • Clean Green Assessed: No
  • Land Use Code: 003
  • Zoning: CH
  • Tax Lot: 16
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 4
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Road Responsibility: State
  • Parcel ID: 19867998
Parking
Parking
  • Type Of Parking: On Street, Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Wall Unit, Space Heater
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Natural Gas, Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 511 Spottswood Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 Spottswood Street

Taxable ValueLand$191,100Additions$320,300Total$511,400
Tax Record2024$4,551 ($379 / month)
Home Facts
Baths5Total Finished SqFt2,304 SqFtAbove Grade Finished SqFt2,304 SqFtStories2Lot Size7,623 SqFtStyleMulti-Family Dwelling (2-4)Year Built1880ZoningCHCountyFREDERICKSBURG CITYAPN7789-02-5532

Schools near 511 Spottswood Street

This home is within Fredericksburg City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lafayette Upper Elementary School
PublicPK to 5

Hugh Mercer Elementary School
PublicPK to 5

Walker-Grant Middle School
Public6 to 8

James Monroe High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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511 Spottswood Street is a multi-family home for sale in Fredericksburg, VA 22401. This property was listed for sale on October 25, 2024 by Reform Realty, it's currently listed at $829,000. It has been on the market for a total of 54 days and was last sold on February 21, 2020. This listing's school district is Fredericksburg City Public Schools. Nearby schools include Lafayette Upper Elementary School, Hugh Mercer Elementary School and Walker-Grant Middle School. 511 Spottswood Street is a 0-bed, 0-bath, multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reform Realty

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