10611 Elk Drive, Fredericksburg, VA 22407

Property Description

Property is being sold through a live, virtual auction on the company website. Property is being sold as is, where is. There is a 10% buyer's premium associated with this sale. All inspections need to be done before the end of the auction sale. Online, non-contingent sale ends April 4 @ 2 PM. Visit the company website for all terms, conditions, and registration. Accepting pre-auction offers. Seller reserves the right to accept or reject any offers below the minimum reserve at any time. Selling for the estate of James W. Royall, this property is ready for a house-flipper rejuvenating touch. Located in the Deerfield subdivision of Fredericksburg, Va on .41 Acres, this 3 Bed/ 1 Bath, 920 Sq. ft single-family home screams entrepreneur project. Priced with repairs in mind, the market rent for this property is between $2000 - $2200 a month. The property is located in a well-established neighborhood with close proximity to shopping, dining, parks, and grocery stores so that your new tenants will not be without. Nearby schools include Courthouse Road Elementary School, Chancellor Middle School, and Chancellor High School. Highlights: 3 bed/ 1 bath, Constructed in 1975, 940 Sq. Ft, .41 Acres, Central Air, Public Sewer, Well, Income Producing Rental in Fredericksburg, Va, Area Market Rent $2000- $2200, Established Neighborhood, Close to shopping, dining, and outdoor recreation, RealAVM™ $296,000 RealAVM™ Range $262,100 - $330,000