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$698,000

  • Sold
  • Closed
  • Commercial
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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. 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. Sold As-Is.

Full Property Details for 511 Spottswood St

General

  • Sold For: $698,000
  • Taxes: $4,245 (2022)
  • Status: Closed
  • Type: Commercial
  • Source: BrightMLSMidAtlantic
  • MLS ID: VAFB2007098
  • Added to Site: 450 day(s) ago

Business

  • Business Type: Other

Interior

  • Flooring: Hardwood, Carpet, Vinyl

Parking

  • Parking Type: On Street, Driveway

Location

  • County: Fredericksburg City
  • Development Name: City Of Fredericksburg
  • Subdivision: City Of Fredericksburg
  • Driving Directions: *Use GPS for tailored directions
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Wall Unit, Space Heater
  • Heating Fuel: Natural Gas, Electric
  • Water Heater: Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Wood Siding
  • Roof: Shingle
  • Stories/Levels: 0
  • Year Built: 1880
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,840
  • Lot Size Source: Estimated
  • Zoning: CH

Financial Considerations

  • Assessment Year: 2022
  • City/TownTax: $4,245
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $511,400
  • Tax Amount: $4,245
  • Tax Year: 2022

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 16

Listed by Reform Realty, Kimberly Jewell
Sold by Coldwell Banker Elite, Charlotte F Rouse

Listing agent

— 511 Spottswood St —

  • Kimberly Jewell

    Reform Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 511 Spottswood St

School District:Fredericksburg City Public Schools
NameGradesDistance
Hugh Mercer Elementary School
2100 Cowan Boulevard, Fredericksburg, VA 22401
K-21.4 mi
Lafayette Upper Elementary School
3 Learning Lane, Fredericksburg, VA 22401
3-52 mi
Walker-Grant Middle School
One Learning Lane, Fredericksburg, VA 22401
6-82 mi
James Monroe High School
2300 Washington Avenue, Fredericksburg, VA 22401
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 511 Spottswood St

Date
Details
Price
Change
Source
7/31/2025
Sold
$698,000
-8.76%
MLS
4/16/2025
Price Reduced
$765,000
-3.77%
MLS
12/26/2024
Price Reduced
$795,000
-4.1%
MLS
12/10/2024
Price Reduced
$829,000
-3.6%
MLS
11/25/2024
Price Reduced
$860,000
-4.34%
MLS
10/25/2024
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Reform Realty, Kimberly Jewell
Sold by Coldwell Banker Elite, Charlotte F Rouse

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Price Reduced near 511 Spottswood St

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64 Peach Tree Ln, Fredericksburg, VA 22406 - Photo 1 Price Reduced
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511 Spottswood Street, Fredericksburg, VA 22401 (MLS# VAFB2007098) is a Commercial property that was sold at $698,000 on July 31, 2025. Want to learn more about 511 Spottswood Street? Do you have questions about finding other Commercial real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.