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… Read More 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. Read Less
Courtesy of Kim Gallihugh, CENTURY 21 New Millennium [email protected]
Listing Snapshot
Days Online
146
Last Updated
Property Type
Single Family Residential
Beds
12
Full Baths
5
Partial Baths
1
Square Ft.
4,661
Lot Size
4.13 Acres
Year Built
1900
MLS Number
VACU2010966
30 Days Snapshot Of 22701
$471k
-3%
(avg) sold price
26
-36%
homes sold
41
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Black Top
Building
4,661 sqft living area, 4,661 sqft above grade (finished), Built in 1900, Structure Type: Detached, 1 levels, Bungalow, Frame
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