57 Cornwallis Drive, Fredericksburg, VA 22405

Property Description

**Investor opportunity! Listed for tax assessed value, offer deadline 12/8 at 9am. CASH OFFERS ONLY. Bring your highest & best.*** NO FINANCING** Sold AS IS/WHERE IS ** Discover an unparalleled investment opportunity in this colonial home located in a well-established neighborhood with mature trees, just minutes from downtown Fredericksburg. This 3BD/2.5BA property, built in 1989, boasts a spacious 2,000 sq feet, showcasing timeless colonial charm. The exterior features vinyl siding for low maintenance and a two-car attached garage for added convenience. A brick wood-burning fireplace creates a cozy focal point, adding warmth and character to the living space. The breakfast area off the kitchen is illuminated by a bay window, providing a delightful spot for informal meals. The family room is highlighted by a vaulted ceiling, creating an open and inviting atmosphere. French doors lead to a screened-in porch, offering a perfect blend of indoor and outdoor living. A formal dining and living room round off the first floor offering plenty of room for living and entertaining. Although this property requires work, its potential is limitless. Listed at tax assessed value, this investment opportunity allows you to unlock significant profit with a renovation. Renovated comps in the area indicate a value above $500K, providing a clear path for a substantial ROI after thoughtful and thorough renovations. Benefit from the absence of an HOA, granting you the freedom to personalize and enhance this property without restrictive guidelines. Seize the chance to transform this property into a dream home or a lucrative investment. Don't miss out on this rare find in a desirable location – act now to make it yours!