Mixed-Use Land for Sale in Fredericksburg, Virginia

Historic 9-Unit Multifamily Investment Property | 900 Ficklen Rd, Stafford VA 22405 Built in 1880 and converted to 9 fully independent apartments - each with a private kitchen and bathroom - Highland Home is a rare, grandfathered multifamily investment opportunity in the fast-growing Fredericksburg/Stafford County, VA market. This iconic Second Empire Victorian, constructed of brick and cypress is the sister property to the historic Belmont estate. It sits on 3.4+/- acres and offers immediate value-add potential as a cash-flowing rental portfolio, boutique hotel, bed and breakfast, short-term rental (Airbnb/VRBO), or event venue. With original hardwood floors and period details intact alongside modernized electrical, plumbing, and HVAC, Highland Home is priced well below stabilized value - making it an exceptional BRRRR strategy candidate, 1031 exchange acquisition, or historic tax credit renovation project in one of Northern Virginia's strongest rental markets. Property is not currently designated as historic by the county but could qualify. Showings by appointment only - listing agent must be present. Please DO NOT visit the property without an appointment. List agent will need to be present