$549,000

Historic 1940 brick Colonial in the heart of the Alameda District, situated on a rare 1/3-acre lot with R-2 zoning and exceptional flexibility. With just one current competing listing in the neighborhood, this is a unique opportunity to own one of the area's larger historic properties.The home is currently configured to offer a spacious primary residence along with additional living areas that can function as guest quarters, multigenerational space, or income-producing units. Portions of the home have been recently reconnected to present more like a traditional residence, while still maintaining optional flexibility for future use.In its current layout, the property includes 3 bedrooms, 2.5 baths, living room, eat in kitchen, plus two additional studio-style apartments (with full kitchenettes) allowing a buyer to live in the primary residence while generating supplemental income -- or fully restore the home to a single-family configuration of approximately 3,900 square feet. Owner is NM Real Estate Broke