5 Wilson Court, Fredericksburg, VA 22407

$340,000
3
BD
2
BA
1,346
SqFt
Sold Price
$340,000
List Price
$310,000
Closing Date
Apr 25, 2023
Days on Market
121
Status
CLOSED
MLS#
VASP2014016
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,346
Lot Size (Acres)
0.61
Style
Colonial
Year Built
1987
County
Spotsylvania
School District
Spotsylvania County Public Schools

Property Description

Instant Equity! Instant Income! Lease in place until Sept 31 2023 This is an excellent opportunity to become a landlord with a built-in tenant or buy for yourself to live in later. This home features Gas Cooking, New Water Heater, Newer Central HVAC, Newer Roof, an oversized Eat-in Kitchen and large Family Room. An extra large, and fenced cul de sac lot with a private concrete patio, 1-car attached garage, and a storage shed; PLUS plenty of space to add an additional structure such as a workshop or detached garage. Pull-down attic stairs lead to tons of overhead storage. Minutes from I-95, shopping, and schools. No HOA. Public Utilities. Priced below appraisal. Very recent appraisal shows $35,000 instant equity at this price. Great opportunity to buy in Fredericksburg now, but move in later. Very convenient location and an easy walk to the mall! Hurry! The current tenant has lived here for 30 years. There is currently a lease in place through September 2023. At that point, you will have the choice whether to keep renting, or make some changes. This tenant is very reliable, and would love to continue staying here for possibly years to come. Recent updates...Newer Roof (3 years), HVAC System (5 years), Windows on the front of the Home (3 years), and Shower replaced (3 years). New hot water heater.

Additional Information

Subdivision
Waverly Village
Taxes
$1531
School District
Spotsylvania County Public Schools
Elementary School
Salem
Middle School
Chancellor
High School
Chancellor
Garage
Yes
Garage Spaces
1
Heating
Central
Heating Fuel
Electric
Cooling
Central A/C
Roof
Composite
Utilities
Electric Available, Phone Available, Sewer Available, Water Available, Cable TV Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

Selling Office: .