Currently zoned residential, the property presents strong potential for multi-unit or expanded use, subject to City of Fredericton approvals. The configuration and location make it an attractive option for developers or investors looking to capitalize on intensification in a growing area. An older farmhouse is situated on PID 01476357 and is currently tenant-occupied. The home has not been included in the land valuation; value is primarily in the land, with the dwelling included as part of the package. Additional opportunity exists to also acquire two bordering residential homes and lands on Friel Street, at current market value, offering further potential for assembly and future development. A rare chance to secure a strategic land holding in a desirable and evolving neighbourhood (id:62650)