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724-728 Hanover St & 200-202 Caroline St
Fredericksburg, VA 22401
200 Hanover - The Exchange Hotel · Multifamily Property For Sale · 11 Units
Investment Highlights
- Corner of Caroline & Hanover street. Right in the middle of historic Fredericksburg
- Walking distance to vre, restaurants & shops
- All Brick building with tall ceilings & light paint & almost all apartments updated kitchen and bathrooms
PROPERTY FACTS
No. Units | 11 | Lot Size | 0.17 AC |
Property Type | Multifamily | Building Size | 15,805 SF |
Property Subtype | Apartment | Average Occupancy | 100% |
Apartment Style | Mid Rise | No. Stories | 4 |
Building Class | B | Year Built/Renovated | 1866/2015 |
No. Units | 11 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.17 AC |
Building Size | 15,805 SF |
Average Occupancy | 100% |
No. Stories | 4 |
Year Built/Renovated | 1866/2015 |
Site Amenities
- Laundry Facilities
About 724-728 Hanover St & 200-202 Caroline St , Fredericksburg, VA 22401
Multi-unit mixed use commercial/residential building in the heart of Downtown Fredericksburg. 1,510 SF of above grade restaurant & pub space in J Brian~s Tap Room, 1998 SF of retail space in Sugar + Spruce, and 9 apartment units which are all currently rented. J Brian~s Tap Room features hardwood flooring throughout with a pub with a long wooden bar and tables, and a dining area with booths and tables. Brick patio access includes street views and sitting areas, as well as a courtyard in the rear which includes a large brick patio and additional seating. The Tap Room includes 1,171 SF basement space with private office, prep area, and storage.Each apartment unit has its own heating and central cooling units by heat pumps with the exception of the top floor units which have gas heat. The tenants pay their own utilities and the landlord pays water, sewer, trash pick-up, common area maintenance, and common area electric and gas. Approximately 66.4 feet of frontage along Caroline Street and 103.3 feet of frontage along Hanover Street. The subject~s location at the corner of Caroline Street and Hanover Street offers good exposure to vehicular and pedestrian traffic. Access is provided by street parking only.
Links
PROPERTY TAXES
Parcel Number | 7789-14-7583 | Improvements Assessment | $1,427,500 |
Land Assessment | $688,200 | Total Assessment | $2,115,700 |
PROPERTY TAXES
zoning
Zoning Code | CD (Commercial Down Town Mixed use) |
CD (Commercial Down Town Mixed use) |
Learn More About Investing in Apartment Buildings
Listing ID: 18716396
Date on Market: 3/2/2020
Last Updated:
Address: 724-728 Hanover St & 200-202 Caroline St, Fredericksburg, VA 22401