Income-Producing / Residential
Two-Story Residence on Plank Road
5414 Plank Rd, Fredericksburg, VA 22407
Financial Summary
All financial figures are estimates based on current market data and are not guaranteed. Contact us for verified financials.
About This Property
A 4-bedroom, 3.
5-bathroom two-story home on a 0.26-acre lot in Spotsylvania County. Built in 1989, the 2,128 SF residence features a composition roof, masonry foundation, and heat pump system. Currently leased with stable tenant occupancy. Conveniently located along the Plank Road corridor with direct access to Route 3 and nearby retail and dining.
Location
Plank Road corridor in Spotsylvania County, a well-established residential and commercial area with strong rental demand near major retail centers and commuter routes.
Nearby
Investment Perspective
A stabilized residential rental asset on the Plank Road corridor. The property is currently leased, producing consistent monthly income. Acquired at $400K ($188/SF), the home sits in a high-demand rental submarket close to employment centers and retail amenities.
Property Highlights
5414 Plank Rd, Fredericksburg, VA 22407
Asset Details
- Status
- Income-Producing
- Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3.5
- Building
- 2,128 SF
- Lot
- 0.26 acres
- Built
- 1989
- Category
- Residential
- Monthly Rent
- $2,400
- Occupancy
- 100%
Figures are estimates only.