This exceptional residential property, situated on a generous 4.97-acre lot, presents a unique investment opportunity for discerning investors seeking to capitalize on the potential for substantial returns. Built in 1955, this Craftsman-style detached structure boasts a robust brick construction, ensuring durability and timeless appeal. With a total finished area of 3,995 square feet, the property offers ample space for creative renovations or redevelopment. The versatile layout, featuring a basement and multiple garage options, allows for various configurations to maximize rental income or resale value. The combination of hardwood, carpet, and vinyl flooring provides a solid foundation for updates that can enhance both aesthetic appeal and marketability. The absence of an association fee and amenities allows for greater flexibility in management and operational costs, making this property an attractive option for long-term investment strategies. The expansive lot size not only offers potential for outdoor enhancements but also provides opportunities for future expansion or subdivision, subject to local zoning regulations. Located in a non-subdivision area, this property benefits from a serene environment while remaining accessible to essential services and amenities. The potential for appreciation in value, coupled with the ability to generate rental income, positions this property as a prime candidate for investors looking to diversify their portfolios. Seize this opportunity to invest in a property with significant upside potential and the ability to adapt to evolving market demands.
Listed By
Agency Name: King George Realty
Agency Phone: 5407756555
Shown By
Agency Title: Montague Miller & Co. Realtors
Agency Phone:
Estimated Payment
$ 1,012.79 per month $672.12 Principal & Interest $252.58 Property Tax $88.08 Homeowner's Insurance
12071 James Madison Parkway | MLS# VAKG2007786
This single family home located at 12071 James Madison Parkway , King George, VA 22485 is currently listed for sale with an asking price of $302,000. This property was built in 1955 and with 3995 sq. ft. James Madison Parkway is located within the KING GEORGE COUNTY PUBLIC SCHOOLS school district. Search King George real estate on www.montaguemiller.com today.