501 N Pine is located in the coveted Historic District in one of the most desirable quadrants in the heart of Fredericksburg. This quintessential 1930s Fredericksburg home is situated on a large corner lot with excellent trees and anchored by a welcoming covered front porch. Inside are 3 bedrooms and 2 bathrooms with many period appropriate finishes balanced with tasteful and modern updates. The primary bedroom includes an on-suite bathroom with shower, while the secondary includes a tub and access for both of the additional bedrooms and guests. The kitchen is equipped with a gas range, built-in microwave, recently painted cabinets and granite countertops. The private back patio is great for entertaining or enjoying a quiet evening. The covered carport is conveniently located right off the living room and kitchen - and don't miss the basement space full of potential! Property is an active and permitted short-term rental (STR) but also easily converted to a primary residence. Home is offered furnished and turnkey with agreeable terms.