554 E Mcdonough Street

Description

This low-maintenance home is a refreshing contrast to the high maintenance of historic homes in the Landmark Historic District with the same amazing walkability. It's steps from downtown eateries, theaters, parks and both Eastern Wharf & Plant Riverside. A rare three story end unit, it's flooded with natural light and boasts a garden level 1 bed/1 bath apartment with separate entrance and 2 bed/2 1/2 bath main house. Income as executive rental is estimated at $3200/mo for upstairs and $1800/mo for garden apartment for annual potential as high as $60,000 per year. As an owner occupant, you're permitted to live in one space and rent the other as a short term vacation rental. There's an interior staircase that allows utilization of both spaces together as well (totaling 3 beds & 3 1/2 baths). Custom touches such as floor to ceiling cabinets, quartz countertops, large "waterfall" island & wide oak flooring feel timeless. Large porch off the main level is perfect for lounging. Primary Suite with room for king bed and two side tables, walk-in closet and ensuite bath, additional bed & bath & laundry on the 3rd floor in addition to the laundry on garden level. Two off street parking spaces with electric charging included. Furnishings are negotiable with some exclusions. Great value with income flexibility!