Property Description

Amazing, unique opportunity in downtown Fredericksburg historic district with CD zoning. This hard-to-find zoning allows you to have your business and/or a residence also! This is an exceptional value at an exceptional price! Location, location, location! Secure parking garage right outside the back gate!Master Gardener designed courtyards in front and back with patios to enjoy privacy in back with privacy fence, crepe myrtles, solar lighting, pond or patio in front to enjoy coffee among the roses and chats with the friendly neighbors walking by. Minimum yard maintenance -no grass to cut! 3 minute walk to Amtrak/VRE. Walk to restaurants, museums, antique shops, spas and plenty of shopping! A fun, convenient place to live! Large living spaces on the main floor with 11' ceilings and rooms that are open and have a nice flow! The living room and dining rooms are separated by massive pocket doors. The house has 5 fireplaces, the two in the living and dining rooms converted to gas. The mantels are unique and beautifully carved. You'll find carved molding and random width heart pine floors. The rear addition was built in the 1940's. The 2 story addition provided a new kitchen, family room and half bath t(with room to expand) that is wheelchair accessible. Upstairs are four bedrooms that share two updated bathrooms. 5 possible bedrooms - 1 on main floor, 3 on the second floor with a full bath and the middle bedroom has an adjoining room that would make a perfect owner ensuite (see virtual photo) with walk-in closet. 1 large room on the top floor with private bath could also be a great studio, study or hobby room or another bedroom with skylights, exposed brick wall and private bathroom (with room to expand). UPDATES include: Roof, painting inside and out. Main Street grant paid half to replace shutters and paint exterior. Commercial kitchen. 1st floor code compliant bathroom for business. Portico was rebuilt. The front and back courtyards are designed by Master Gardeners with brick patios and lovely plantings. Family room on first floor would make a great owner bedroom. Owner is offering *buyer bonus* $20,000 which can be used for 2/1 buydown (interest rate is 5% 1st year, 6% second year, then 7% balance) today's rate, or decorator allowance or discount on price. Owner will consider rent, rent/option or lease/purchase. Seller's lender required flood insurance and cost is $1556 a year. AE flood 100 year flood plain. See map.