141-149 King Street Fredericton, New Brunswick E3B 1C8
$990,000
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:55272)
Property Details
| MLS® Number | NB116718 |
| Property Type | Multi-family |
| Features | Balcony/deck/patio |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructedDate | 1890 |
| ExteriorFinish | Vinyl, Wood |
| FireProtection | Smoke Detectors |
| FlooringType | Laminate, Vinyl, Linoleum, Hardwood |
| FoundationType | Concrete, Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters, Hot Water |
| StoriesTotal | 3 |
| TotalFinishedArea | 3296 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 1226 |
| SizeTotal | 1226 M2 |
| SizeTotalText | 1226 M2 |
| ZoningDescription | Cc |
https://www.realtor.ca/real-estate/28258549/141-149-king-street-fredericton
Interested?
Contact us for more information
Marianne Glover
Salesperson
457 Bishop Drive P.o. Box 1180
Fredericton, New Brunswick E3C 2M6
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May 06 2025 11:48:41
Saint John Real Estate Board Inc
Royal LePage Atlantic