$850,000

14280 CHESTNUT FORK RD., Culpeper, VA 22701

  • 12 beds |
  • 6 baths |
  • 4,661 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4.13acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $182/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

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 Status:
Active
Listing Office:
CENTURY 21 New Millennium : 5408251613
Listing Agent:
Kimberly Gallihugh : 5402229181
MLS ID:
VACU2010966
  • A/C: None
  • Heating: OtherNatural GasPropane - Owned
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Bungalow
  • General: Frame1Permanent
  • Originating MLS: BRIGHT_MAIN
  • School District: CULPEPER COUNTY PUBLIC SCHOOLS
  • County: CULPEPER-VA
  • Zoning: R231 74
  • Water: Well
  • Sewer: On Site Septic
  • Source: BRIGHT_MAIN
  • Exclusions: Any inspections will be the responsibility of the purchaserseller will not pay for any inspections or repairs.

This listing courtesy of Kimberly Gallihugh, CENTURY 21 New Millennium

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sycamore Park Elementary School

451 Radio Ln, Culpeper, VA, 22701

Grades PK-5

1.73 miles away

C

Culpeper Middle School

14300 Achievement Dr, Culpeper, VA, 22701

Grades 6-8

1.12 miles away

C

Culpeper County High School

14240 Achievement Dr, Culpeper, VA, 22701

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.