309 Prince Edward St, Fredericksburg, VA 22401

Property Description

Rare opportunity in the City of Fredericksburg. Three single family home lots which include two existing homes in Fredericksburg Historic District. The sale of 309 Prince Edward will include both lots and existing homes on 307 Prince Edward and 311 Prince Edward. All 3 lots can be developed at the same time in order to reduce development costs. Three adjacent lots with 2 historic structures in sought after Historic District. Opportunity for Three 2-car garages with off-street parking in downtown Fredericksburg. Less than 2 blocks from the train station, restaurants, and shops of Old Town Fredericksburg. This listing includes 307, 309 and 311 Prince Edward Street, even though it is listed under 309 Prince Edward. Proposed plans for the development of the 3 lots are shown in the photos. Plans include 3 - two car garages (one 2-car garage for each lot) and also has options for ADU's in each lot upon approval. This opportunity almost never comes along. Properties sold together. VARIANCE GRANTED a variance from the Board of Zoning Appeals to allow to build up to the side lot line between 307 and 309 & 309 and 311 to build an accessory structure on 309 Prince Edward where no principal residence now exists, and to exceed the height limitations by an additional 2 feet. Applicant to honor all building lines between Applicant's property and neighboring properties to include side and rear lot lines.