BEDS4
BATHS2 full 1 partial
SQUARE FEET1,260
MLS#VARP2002456
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SCHOOLRAPPAHANNOCK COUNTY PUBLIC SCHOOLS
Property Description
SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. Live in one unit and receive rental income from the rest! A very rare offering in Rappahannock County - 11947 & 11951 Lee Hwy, together for sale as one parcel, present an outstanding opportunity for multi-family rental income. The sale includes two structures containing FOUR grandfathered residential units, ONE commercial unit. Further upside can be realized by finishing unused spaces, bringing current rents to market rate and even rehabbing an old fruit stand on the property. This investment opportunity sits on the highly traveled Rt 211: a major artery seeing 2 million + vehicles per year and opportunistically near the Thornton Gap entrance to Shenandoah National Park. The property is zoned Highway Commercial, allowing for a multitude of by-right uses including short term rentals, retail, food service and hospitality. Property is served by electric, propane, private well, town sewer and high speed is internet. P&L available.
Property Features
Property Type: Residential - Single Family
Cooling: Ductless/Mini-Split, Window Unit(s), Central A/C
Fuel Type: Electric, Propane - Leased
Heating: Heat Pump - Electric BackUp, Central
Home Style: Converted Dwelling
Lot Size: 1.37 Acres
Roof Type: Shingle, Metal
Stories: 2.0
Taxes: $2,149
Year Built: 1900
Feature Descriptions
Accessibility: 32"+ wide Doors
Additional Structures: Above Grade, Below Grade
Days on Site: 53
Electric: 200+ Amp Service
Exterior: Vinyl Siding
Flooring: Concrete, Wood, Solid Hardwood
Location: Rural
Lot Dimensions: 1.37 Acre(S)
Sewer: Public Sewer
SQFT Above Finished: 1260
SQFT Total Finished: 1260
Structure Type: Detached
Utilities: Sewer Available, Propane, Cable TV
Water: Well
Local Schools
School District: RAPPAHANNOCK COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Cheri Woodard Realty
Agency Phone: 5409878500
Shown By
Agent Name: The Affendikis Group
Agent Phone: (804) 938-3539
Agency Title: Joyner Fine Properties
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Estimated Payment
$ 3,168.73 per month $2,826.61 Principal & Interest $179.08 Property Tax $163.04 Homeowner's InsuranceChange Payment Information
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11947 Lee Highway | MLS# VARP2002456
This single family home located at 11947 Lee Highway, Sperryville, VA 22740 is currently listed for sale with an asking price of $559,000. This property was built in 1900 and has 4 bedrooms and 2 full and 1 partial baths with 1260 sq. ft. Lee Highway is located within the RAPPAHANNOCK COUNTY PUBLIC SCHOOLS school district. Search Sperryville real estate on www.theaffendikisgroup.com today.