Available today, for the first time – THE WORST HOUSE IN A GREAT NEIGHBORHOOD – Fredericksburg - $105,000
That’s right, it’s the classic real estate investor’s dream… and the house really isn’t in too bad shape. The needed work is mostly cosmetic improvements, plus updating the kitchen and bath, then this house
will be worth a lot more.
6206 Massaponax Church Rd, Fredericksburg, VA 22407
Yours today for $105,000
Here are some highlights: - 3 bedrooms, 1 bathroom (however, a previous owner removed a wall between 2 of the bedrooms to make a large master. That wall could easily be re-installed), built in 1975.
- Very large, nice metal outbuilding – approximately
400 square feet on a concrete pad with windows, plus drive-in and walk-in doors.
- 3 minute drive to Route 1 and I-95. The City of Fredericksburg is about 15 minutes away.
- Private 1 acre parcel that is partially wooded and not visible from the street and neighboring homes. Nice, although overgrown, mature landscaping with quality trees and bushes.
If you would like to see pictures and a video tour of the house, just click
here:
So, you ask, what's the potential value after renovations? In the last two months, there are 4 houses, within a few miles, that are identically the same size and model, that have sold or are under contract. These comps have significantly smaller lots and don't have our large, nice 400 square foot
out-building:
- 10917 Deerfield Dr, Fredericksburg - Under Contract, listed at $150,000 (this house sold before it was published in the MLS)
- 6201 John Wayne Dr, Fredericksburg - Under Contract, listed at $159,999 (this house was a short sale)
- 6514 Deerskin Dr, Fredericksburg - Sold for $169,900 on May 26, 2017
- 104 Patterson Ave, Fredericksburg - Sold for $190,000 on May 31, 2017
If you're interested, please act
quickly because a deal like this is not going to last. This house is being offered so far below market value to generate a quick sale, hopefully from a cash buyer.
For more information, or if you would like to see the house, please call Paul Bush at 540-987-0099.
Regards,
Paul Bush Skyline Property Investments, LLC 540-987-0099
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