14280 Chestnut Fork Rd. Culpeper, VA 22701

$850,000
12
Beds
5.5
Baths
4.13
Acres
4,661
SQFT
182
$/SQFT
$850,000
12
Beds
5.5
Baths
4,661   sf
$182 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Culpeper
  • Tax Amount
    $1,700
  • Status
    Active
  • Listing #
    VACU2010966
  • Built
    1900
  • Lot Size
    4.13
  • Listed on site
    153 days
  • Listing Agent Id
    121241646706

Listed by:
CENTURY 21 New Millennium

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Main Floor Bedroom

Style

  • Bungalow
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