Federal
809 CAROLINE STREET
FREDERICKSBURG , VA 22401
MLS#: VAFB2000180
$1,500,000
Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1895
Sq.Footage
5,343
Imagine owning this iconic building in the heart of the historic district! This building is one of the grandest, most beautiful buildings on Caroline Street. There's street-level retail that was home to PYE &Co and is now home to Pieces, a shop for unique and handmade gift items. The property also offers four apartments and a full, unfinished basement. The 3rd-floor apartment spans the entire building with commanding views of the Rappahannock River and bustling Caroline Street. Located in CD Zoning, there's a potential to add on to the property in the rear. The property line extends about 40 feet beyond the back of the building. There's currently off-street parking in the back, but it could become a garage, addition, etc. Three of the four apartments are occupied. The current gross annual income is $97,200. The NOI is $82,434, with significant upside potential in the revenue. Download the OM in the documents section for more information.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
5343.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Off Street, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Federal
Price
-
Sales Price
$1,500,000
-
Tax Amount
5445.0
-
Sq. Footage
5, 343
-
Price/SqFt
$280
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
FREDERICKSBURG CITY
Elementary School
Middle School
High School
Listing Courtesy of Heather Hagerman , Coldwell Banker Elite
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AGENT
Laurie Hailey
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