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. 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