141-149 King Street, Fredericton

EXCEPTIONAL OPPORTUNITY! Zoned CC within the coveted Victoria Circle downtown, this 1226 sq M lot is a prized possession for the savvy investor. A dream for future development w/variety of permitted uses. Good revenue stream-watch your investment increase in value. The 2 buildings share the lot. The large family home with 5 bedrooms 2 1/2 baths has beautiful woodwork & stained-glass features. Enjoy informal family dinners in the large country-style kitchen complete with separate pantry. Nice size dining rm w/stained-glass windows, built in cabinetry & French doors, opens onto living room. A main floor bedrm w/beautiful stained-glass windows, full bath and large welcoming foyer plus glassed-in verandah completes this main floor. Upstairs finds 4 bedrms; a wonderful front alcove, full bath & half bath. The bachelor apt above the mudroom/laundry rm addition has a framed door access into the main home from the primary bedroom upstairs. The ""Green House"" at 149 King St has 3 apartments. The upstairs unit enjoys a nice size living room, eat-in kitchen, bedroom & bath with a back mudroom w/ laundry and verandah overlooking the huge backyard. Downstairs are 2 smaller units. Both buildings have natural gas heat. Rent revenue is based on the projected income, with all units occupied. Loads of parking potential here to rent some parking spots for added revenue. The underlying value of the land alone makes this a fantastic investment. (id:6289)

Essential Information

Listing #NB116718

Price$990,000

Bathrooms0.00

Acres0.30

Year Built1890

TypeMulti-family

Community Information

Address141-149 King Street

CityFredericton

ProvinceNew Brunswick

Postal CodeE3B1C8

Amenities

FeaturesBalcony/Deck/Patio

Interior

# of Stories3

Appliances

Refrigerator, Stove, Washer, Dryer

Heating

Natural gas Baseboard heaters, Hot Water

Exterior

ExteriorVinyl, Wood

FoundationConcrete, Stone

Listing Details

OfficeRoyal LePage Atlantic

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