About 2447 20th Street
Enchanting Historic Bungalow on a Rare Downtown Lot Ideal as a Prime Investment or Cherished Primary Residence. Recently remodeled and currently rented for $6,000/month (4.15% cap rate), this property is both exceptionally easy to rent and a true joy to live in. The home features an updated kitchen and bathroom, new gas fireplace, and beautifully refinished white & red oak floors throughout the main level. A standout bonus is the finished, heated detached garage/studio, offering flexible use as a home office, gym, guest space, or additional storage. The home's southwest-facing wall of windows overlooks a magical, professionally landscaped garden with mature lilac, sour cherry, and crimson apple trees, plus flowers, bushes, a fountain, and three irrigated raised garden beds. Downstairs in the daylight basement is a 3rd living space, laundry room, and bedroom w/ en suite bathroom. Spanning from 20th Street all the way to 19th Street, the property enjoys exceptional privacy with no direct neighbors behind, creating a tranquil, retreat-like setting rarely found downtown. Ample parking includes space for three cars in the driveway and three additional spaces off 19th Street. Unbeatable location: just four blocks to Pearl Street, two blocks to Whittier Elementary, and a short walk to Casey Middle School and Ideal Market shopping center. A bike lane and bus stop are conveniently located on the block. RMX-1 zoning provides multiple development and expansion possibilities. A rare and versatile downtown gem offering charm, income potential, privacy, and long-term value that new owners will appreciate for years to come.
