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About the Listing CENM21 - 3239417
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 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.
Listing Highlights
Status
Active
Days on Site
166
Property Type
Residential
MLS ®
VACU2010966
Year Built
1900
Total Square Footage
4,661
Lot/Acreage
4.13
Interior Details
- Bedrooms: 12
- Bathrooms: 5 Full / 1 Half
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4661
- Below Ground Sq Ft: 0
- Basement:
- Other: Main Floor Bedrooms: 12
- Water: Well
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: R2
- Roof:
- Others:
- Sewer: On Site Septic
- Parking Features: Driveway
Financial Details
- Tax Amount: $1,700
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
14280 Chestnut Fork Rd. Culpeper, VA 22701
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