$350,000

This unique property offers the perfect blend of potential and passive income. Set on a stunning 1.8-acre lot, 509 Five Mile Drive includes a main single-family residence and a legally grandfathered duplex that was once a barn. The main house, while in need of renovation, served as a cherished home for many years and previously rented for $1,300/month. It's now ready for your vision?bring your contractor and design ideas to transform it into your dream home. The accessory duplex provides immediate income and has a large unfished attic space. The upper unit (509A) is a bright, beautifully maintained 1-bedroom apartment renting for $960/month. Lease ends 12-31-25. The lower 1-bedroom unit (509B) features a walk-out to a covered deck and patio with tranquil views of the expansive backyard and currently rents for $970/month. Tenant is month to month. Whether you're looking to invest or create a custom home while offsetting costs with rental income, this is a rare find in a prime location.

Amenities

• Bedrooms: 6
• Full Bathrooms: 5
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1900
• Built in 1900
• Home size: 2,644 ft² / 245.63 m²
• MLS: R1602944
• Status: Active

Map