57 Cornwallis Drive, Fredericksburg, VA 22405

$375,000
3
BD
3
BA
1,988
SqFt

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Sold Price
$375,000
List Price
$338,200
Closing Date
Dec 19, 2023
MLS#
VAST2025756
Year Built
1989
Status
CLOSED
Type
Single Family Residential
Bedrooms
3
Baths All
3
Baths Full
2
Baths Half
1
Living Area
1,988
Lot Size
13,939
County
Stafford
Subdivision
Blythedale

Property Description

**Investor opportunity! Listed for tax assessed value, offer deadline 12/8 at 9am. CASH OFFERS ONLY. Bring your highest & best.*** NO FINANCING** Sold AS IS/WHERE IS ** Discover an unparalleled investment opportunity in this colonial home located in a well-established neighborhood with mature trees, just minutes from downtown Fredericksburg. This 3BD/2.5BA property, built in 1989, boasts a spacious 2,000 sq feet, showcasing timeless colonial charm. The exterior features vinyl siding for low maintenance and a two-car attached garage for added convenience. A brick wood-burning fireplace creates a cozy focal point, adding warmth and character to the living space. The breakfast area off the kitchen is illuminated by a bay window, providing a delightful spot for informal meals. The family room is highlighted by a vaulted ceiling, creating an open and inviting atmosphere. French doors lead to a screened-in porch, offering a perfect blend of indoor and outdoor living. A formal dining and living room round off the first floor offering plenty of room for living and entertaining. Although this property requires work, its potential is limitless. Listed at tax assessed value, this investment opportunity allows you to unlock significant profit with a renovation. Renovated comps in the area indicate a value above $500K, providing a clear path for a substantial ROI after thoughtful and thorough renovations. Benefit from the absence of an HOA, granting you the freedom to personalize and enhance this property without restrictive guidelines. Seize the chance to transform this property into a dream home or a lucrative investment. Don't miss out on this rare find in a desirable location – act now to make it yours!

Additional Information

Elementary School
Ferry Farm
Middle School
Dixon-Smith
High School
Stafford
Other Structures
Above Grade, Below Grade
Structure List
Above Grade, Below Grade
Garage Spaces
2
Style
Colonial
Interior Features
Attic, Breakfast Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Pantry, Primary Bath(s), Bathroom - Tub Shower, Walk-in Closet(s)
Cooling Fuel
Electric
Cooling
Central A/C
Heating Fuel
Natural Gas
Heating
Forced Air
Hot Water
Natural Gas
Sewer Septic
Public Sewer
Water
Public
Tax Year
2022
Possession
Immediate, 0-30 Days CD
Days on Market
5
Acres
0.32
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Century 21 Redwood Realty. Contact:

Selling Office: .