141 KING STREET, Fredericton, New Brunswick E3B1C8

Properties like this are a dream for future development w/ a variety of permitted uses under VICTORIA CIRCLE CC zoning. 2 buildings share the huge lot & have been in the same family since 1941. The large 5 bedrooms 2 1/2 bath family home featured here has lovely woodwork & stained-glass features. Enter large mudrm w/laundry into the country-style kitchen complete with separate pantry. Separate dining room w/stained-glass windows, built in cabinetry and French doors opens to living room, perfect for entertaining. Beautiful mantle over unused fireplace is another lovely feature. Main floor bedrm enjoys beautiful stained-glass windows & hardwd flrs. Large welcoming foyer with center-hall plan takes you to the full bath. South-facing glassed-in verandah completes this main floor. Upstairs finds 4 bedrms; a wonderful front alcove & full and half bath. The bachelor apt above mudroom addition, has framed door access into main home from primary bedroom. The 2nd building next door has 3 apartments. The upstairs unit enjoys a nice size living rm, eat-in kitchen, bedrm & bath with a back mudrm complete with laundry & verandah overlooking the huge back yard. Downstairs are 2 more units. Rent revenue with all units occupied, along with the underlying value of the land alone, makes this a FANTASTIC INVESTMENT! Loads of parking-potential to rent parking spots for added revenue. Seller will have gas boiler replaced in 141 King as well as wiring upgraded before closing. Appraisal on file. (id:39198)