Exceptional investment opportunity in the heart of Fredericksburg! This charming, renovated condo is ideally located just minutes from Main Street, providing guests easy access to shopping, dining, and wineries. Currently operating as a successful short-term rental, the property generated $57, 288 in gross income in 2024, offering an impressive cap rate of approximately 8%! Inside, the well-appointed unit features a spacious king bedroom, full bath, and open living area with a queen sleeper sofa—comfortably sleeping up to four guests. The fully equipped kitchen includes everything needed for an extended stay, while the private backyard retreat offers privacy fencing, comfortable seating and a relaxing hot tub. Turnkey and ready to continue as a proven income producer or as your own Hill Country getaway, this property combines charm, location, and strong rental performance—an unbeatable combination in today's Fredericksburg market.