105 SPRINGWOOD DRIVE, Fredericksburg, VA 22401

Active Below Average

$430,000

Overview

Property ID: VAFB2009164

Residential
Property Type

5
Bedrooms

3
Bathrooms

2.0
Garages

1978
Year Built

VAFB2009164
MLS#

Description

This 5-bedroom, 2.5-bathroom detached home in Alum Springs Estates offers a solid investment opportunity with a spacious 2,288 sq. ft. layout on a generous 0.47-acre lot. The interior boasts practical features such as a breakfast area, a pantry, and a laundry chute, enhancing daily living convenience. The unfinished basement presents a blank canvas for potential expansion or additional living space, which could significantly increase property value. Key appliances include a dishwasher, electric oven/range, refrigerator, and washer/dryer, ensuring immediate functionality for tenants or future buyers. The home is equipped with a cozy fireplace, perfect for creating a warm atmosphere, and an enclosed porch that adds usable space year-round. With a below-average property condition, there is ample opportunity for value-add renovations, making this an attractive prospect for investors looking to capitalize on the potential for appreciation. The attached front-entry garage provides convenient parking and storage, further enhancing the property’s appeal. This property is positioned for strong rental demand or resale potential, making it a strategic addition to any investment portfolio. This property does need work, but with the right vision an investor can create an amazing home that will appeal to a broad pool of potential future buyers.