Imagine owning a piece of History in Downtown Fredericksburg......well you can! This lovely property and the adjoining one are on the market for the first time on over 15 years. This lovely home has been tenant occupied during that entire time, until recently. The seller has been an excellent steward of this historic gem; you will see the care that's been taken when you experience the incredible original floors. The options are endless.....this is a great first-time home with great proximity to the VRE. Or, the home could be an investment property as it has been for the past many years. Or, it's an opportunity to own a pied-a-tere in the City....Or, buy 316 Frederick Street and convert the property into one residence. You decide! Note the special features - OFF STREET PARKING for two cars and a HUGE back yard. This magical property will not last at this price. Schedule your tour today!