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$ 990,000
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New
141-149 King Street Fredericton, NB E3B1C8
0.3 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB116718
Originating Board New Brunswick Real Estate Board
Year Built 1890
Lot Size 0.303 Acres
Acres 0.3029512
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Hot Water,
Flooring Laminate, Vinyl, Linoleum, Hardwood
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Listed by Royal LePage Atlantic