Date
Details
Price
Change
Source
9/15/2024
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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703 Prince Edward Street, Fredericksburg, VA 22401
$625,000
703 Prince Edward Street, Fredericksburg, VA 22401View this property at 703 Prince Edward Street, Fredericksburg, VA 22401
703 Prince Edward StreetFredericksburgVA22401
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Property Description
Welcome to 703 Prince Edward Street, a charming duplex located in the heart of historic downtown Fredericksburg, offering both investment potential and residential appeal. Zoned CD (Commercial Downtown), this property is currently configured as two units: a 2-bedroom on the main level and a 3-bedroom on the upper floors, generating $2,800 in monthly rental income from long-term tenants, with leases and deposits to be assigned to the purchaser at settlement. Buyers can explore various options, from continuing its use as an investment property to converting it back into a single-family home or even living in one unit while renting out the other. The property holds great potential for value-add improvements, making it a versatile opportunity for investors or homeowners. Located in a vibrant, community-centered town, residents enjoy easy access to restaurants, boutique shopping, craft and farmers markets, and year-round cultural events. Commuters benefit from proximity to the VRE, Amtrak, and I-95, offering convenient access to Washington D.C., Northern Virginia, and Richmond. Embrace the benefits of living in a historic town with a rich sense of community, while also tapping into Fredericksburg's strong rental market. This is an exceptional chance to own a piece of history and make it your own. Don't miss out on this opportunity-schedule your showing today!
Full Property Details
Full Property Details for 703 Prince Edward St
General
- Price: $625,000
- Taxes: $3,465 (2022)
- Status: Under Contract
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: VAFB2006764
- Updated: 10/3/2024
- Added to Site: 26 day(s) ago
Interior
- Interior Features: Kitchen - Table Space
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 3
- Bedrooms-Up2: 1
- Bedrooms Main & Up: 2
Parking
- Parking Type: On Street
Location
- County: Fredericksburg City
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: Located in Historic Downtown Fredericksburg with its unique blend of historical charm and modern amenities. From I-95 take Route 3 East to Fredericksburg. Left on William Street. Right on Prince Edward Street, property is on your left.
- City Limits: Yes
School Information
- School District: Fredericksburg City Public Schools
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Other
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Craftsman
- Architectural Style: Craftsman
- Structure Type: Detached
- Construction: Composition
- Foundation: Brick/Mortar
- Stories/Levels: 0
- Stories Description: Lower 1, Lower 2, Main, Upper 1, Upper 2
- Square Feet: 2,400
- Sq. Ft. Source: Estimated
- Living Area: 2,400 Sq. Ft.
- Year Built: 1889
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791
- Lot Size Source: Estimated
- Zoning: CD
Financial Considerations
- Price Per Sq. Ft.: $260.42
- Assessment Year: 2022
- City/TownTax: $3,465
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $417,500
- Tax Amount: $3,465
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's Personal Property will include Ring Doorbell and Tenant's plants/personal items in the yard.
- Lot Number: 296
Listed by Coldwell Banker Elite, Allison S Graves and Coldwell Banker Elite, Heather A O'Neill
We Value Your Privacy
We Value Your Privacy
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Listing agents
— 703 Prince Edward St —
Allison S Graves
Coldwell Banker Elite
Heather A O'Neill
Coldwell Banker Elite
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 703 Prince Edward St
School District:Fredericksburg City Public Schools
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
Original Walker-Grant School
200 Gunnery Rd, Fredericksburg, VA 22401 | PK-PK | 0.4 mi | |
|
2100 Cowan Blvd, Fredericksbrg, VA 22401 | K-2 | 1.4 mi | |
|
3 Learning Ln, Fredericksbrg, VA 22401 | 3-5 | 2.3 mi | |
|
1 Learning Ln, Fredericksbrg, VA 22401 | 6-8 | 2.2 mi | |
|
2300 Washington Ave, Fredericksbrg, VA 22401 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 703 Prince Edward St
Tax History
Tax History for 703 Prince Edward St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,716
4%
$417,500
—
2023
$3,590
4%
$417,500
—
2022
$3,465
13%
$417,500
—
2020
$3,072
10%
$417,500
27%
2019
$2,804
6%
$329,900
—
2019
$2,639
—
$329,900
—
2018
$2,639
—
$329,900
—
2017
$2,639
4%
$329,900
—
2016
$2,540
5%
$329,900
8%
2015
$2,411
7%
$305,200
—
2014
$2,258
100%
$305,200
—
2013
$1,129
—
$305,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 703 Prince Edward St
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 3,117Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 6Beds
- 5Total Baths
- 5,739Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 6Beds
- 5Total Baths
- 4,274Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 4Total Baths
- 5,716Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 4Total Baths
- 5,750Sq. Ft.
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- Single Family
- Active
- Updated 23 hours ago
- 4Beds
- 4Total Baths
- 4,254Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 4Total Baths
- 4,363Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 6Beds
- 7Total Baths
- 11,592Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 3,984Sq. Ft.
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703 Prince Edward Street, Fredericksburg, VA 22401 (MLS# VAFB2006764) is a Single Family property with 5 bedrooms and 2 full bathrooms. 703 Prince Edward Street is currently listed for $625,000 and was received on September 15, 2024. Want to learn more about 703 Prince Edward Street? Do you have questions about finding other Single Family real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.