Property
Beds
12
Full Baths
5
1/2 Baths
1
Year Built
1900
Sq.Footage
4,661
EXCEPTIONAL INVESTMENT OPPORTUNITY - 4.13 Acres, 5 potential rental units near downtown Culpeper. Don't miss this rare opportunity to own two adjoining parcels totaling 4.13 acres, ideally located just minutes from downtown Culpeper at the intersecion of Chestnut Fork Road and Rixeyville Rd. This unique property features three single-family homes and one duplex, offering a total of five potential rental units once fully occupied. Parcel 1 (R2 Zoning): Includes a two-story home with 3 bedrooms and 1 bath, plus a charming bungalow with 2 bedrooms and 1 bath. Parcel 2 (R1 Zoning): Includes a Cape Cod-style home with 3 bedrooms and 1.5 baths, along with a duplex featuring 4 bedrooms and 2 full baths (in need of renovation) The bungalow on Chestnut Fork Road is currently tenant-occupied, providing immediate rental income. The other two single-family homes are ready for occupancy, leaving only the duplex awaiting renovation. Once complete, the property will offer five distinct units, creating excellent potential for long-term rental income or resale value. All properties are being sold "as-is", presenting a prime opportunity for investors to add value through renovation and capitalize on a strong rental market in a great location. This already great location is zoned commerical in the 2023 Culpeper County Comprehensive Plan offering even more possibilities. Please see attached map as the property is highlighted in red.
Features & Amenities
Interior
-
Total Bedrooms
12
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Above Grade Finished Area
4661.0
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Propane, Other
-
Main Level Bedrooms
12
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
4.13
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Bungalow
Price
-
Sales Price
$850,000
-
Tax Amount
1700.0
-
Sq. Footage
4, 661
-
Price/SqFt
$182
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Permanent
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
A
-
Water Source
Well
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Location
County
CULPEPER
Elementary School
Middle School
High School
Listing Courtesy of Kimberly Gallihugh , CENTURY 21 New Millennium
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AGENT
Laurie Hailey
Call Laurie today to schedule a private showing.
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