42
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$898,800
Est. payment /mo
0.3 Acres Lot
Price Dropped by $91K
141-149 King Street Fredericton, NB E3B1C8
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB116718
Year Built 1890
Lot Size 0.303 Acres
Acres 0.3029512
Source New Brunswick Real Estate Board
Property Description
EXCEPTIONAL OPPORTUNITY! Zoned CC within the coveted Victoria Circle downtown, permitted uses from A to V (Apartment building to Vocational/tech school) & 49 more uses in between! Great space for an office with live-in apt. This 1226 sq M lot is a prized possession for the savvy investor w/ good revenue stream, while you plan your future development. 2 buildings share the lot with a total of 5 units. 141 King has 5 bedrooms 2 1/2 baths, beautiful woodwork & stained-glass features plus separate bachelor apt. Huge kitchen with separate pantry. Dining rm w/stained-glass windows, built in cabinetry & French doors opening onto living room. Main floor bedroom - would make a great office, full bath & large glassed-in verandah completes this main floor. Upstairs finds 4 bedrms; a wonderful front alcove, full bath & half bath. Want to open the bachelor apt to main home? That's easy -it has framed door access from primary bedrm. The 3rd floor attic has potential too. This is a house to explore! 149 King St has 3 apartments. The lovely 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 is an attractive feature if you wish to create a commercial use. 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