Investment opportunity - Historic home in Old Town Fredericksburg with vested plans for a giant addition on the rear which will make the house a 5 bedroom, 4 full bath and 2 half baths. Currently what exists on the property is a historic home that has been cleared and renovated on the outside with a metal roof, wood siding and a restored foundation done using the original brick. Current owners have plans for a large addition on the rear of the home and have approval from the Architectural Review Board of the City of Fredericksburg to build the addition. The addition is currently in the building and grading permits stage and is expected to receive approval soon. Once complete this house is estimated to be worth over 1.2 million dollars. The current price is to buy the lot with the existing structure, the vested building plans with all the current approvals and permits. The current owners are continuing the move through the entire building process unless a buyer makes an offer. The owner of this property is also the agent. Feel free to contact Matt at anytime to discuss in more detail.

This is an Active listing.

Broker Office Phone Number: 540-659-2192

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