Located in historic downtown Fredericksburg, this charming property at 222 W Centre Street offers a combination of original character, modern updates, and versatile spaces on a spacious 0.28-acre lot. Mature trees, established landscaping, and a welcoming front porch create an inviting setting just minutes from Fredericksburg's Main Street shopping, restaurants, and local attractions. The 1,056-square-foot main residence features two bedrooms and one bathroom, oak hardwood floors, a bright and inviting interior, and a comfortable, functional layout. The living room includes a contemporary fireplace and accent wall, while the updated kitchen offers stainless steel appliances, open shelving, dark cabinetry, and a center island. A dedicated dining area provides additional gathering space, and the updated bathroom features a walk-in shower and modern finishes. A separate 709-square-foot guesthouse adds another dimension to the property and currently holds an active City of Fredericksburg short-term rental permit. With its own entrance, living and sleeping areas, kitchenette, and bathroom, the guesthouse provides an opportunity for hosting visitors or accommodating extended stays, while also offering potential for additional rental income. Among the more recent improvements is a large, oversized two-car garage with convenient access from the rear alley. Above the garage, a spacious, climate-controlled bonus room of approximately 600 square feet offers flexible space for a home office, studio, recreation room, or other personal uses. Extensive storage throughout the garage structure adds practical value rarely found in a property within Fredericksburg's historic district. The generous lot also offers room to enjoy the outdoors, with mature shade trees, garden areas, and space between the property's various improvements. A large storage shed and chicken coop add to the property's functionality and character. Whether you're looking for a primary residence, a Fredericksburg getaway, or a property with an established short-term rental component, 222 W Centre Street offers a practical combination of downtown location, character, and historic charm.