Description

Seize the opportunity to own a versatile income-generating property in one of the citys most sought-after locations. This residence not only provides immediate rental income but also offers remarkable long-term potential, thanks to its highly coveted HR-1 Zoning (Higher-Order Residential). This designation permits multi-unit residential development in both low-rise and mid-rise configurationsan increasingly rare and valuable asset in todays market. The home features three generously sized bedrooms, a full kitchen, one full bathroom, a den, and an upper-level kitchenetteoffering flexible living arrangements for tenants or future redevelopment. Situated on a spacious lot, the property also includes ample on-site parking and a large, heated shed with electrical service, ideal for additional storage or a workshop. The home has recently been vacated and refreshed with new interior paint throughout, making it move-in or rent-ready. Whether youre an investor looking to expand your portfolio or a visionary buyer with plans for future development, this property offers unparalleled potential in a location where zoning like this is increasingly rare. (id:56844)