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147 Deacon Road

Fredericksburg, VA 22405 · South Stafford
$467,999
ActiveMLS# VAST2044406
DEACON — primary photo
4
Beds
2
Baths
1,188
Sq Ft
0.45
Acre Lot
1957
Year Built
None
HOA

About This Home

High-Yield, Turnkey Cash-Flow Opportunity in South Stafford Instant cash flow from Day 1. This fully renovated, 5-bedroom, 2-bath rambler with a finished walkout basement comes with reliable tenants in place through February, delivering immediate rental income with zero initial downtime or cap-ex needed. Investment & Property Highlights: Immediate Cash Flow: Revenue-generating asset from day one with lease secured through February. Zero Capital Expenditure: Complete top-to-bottom renovation featuring new flooring, interior doors, modern lighting, upgraded foundation work, new windows, and updated HVAC/electrical components. Upgraded Units: Main level includes 3 bedrooms, an updated full bath, and a remodeled kitchen with new countertops and stainless steel appliances. Flexible Walkout Basement: 2 lower-level bedrooms, a full custom bath, and refreshed living space—ideal for maximum rental layout efficiency or future multi-generational appeal. Prime Location: Minutes from I-95, VRE commuter trains, shopping, and Downtown Fredericksburg, ensuring consistent high tenant demand and long-term appreciation.

Property Features

Property Type: Residential
Heating: Heat Pump(s), Forced Air
Cooling: Central A/C
Interior Features: Bathroom - Tub Shower, Dining Area, Combination Kitchen/Dining
Appliances: Built-In Microwave, Dryer, Disposal, Dishwasher, Freezer, Refrigerator, Stove, Washer
Architectural Style: ['Ranch/Rambler']