1056 Rae Street

Welcome to 1056 Rae street in the Washington Park neighborhood close to multiple elementary schools, restaurants and bus stops. This 2 bedroom 1 bathroom, 1944 built, 601 square foot bungalow sits on a large 50 by 125 double lot. The house is on the north side of the lot making the other half available for a future subdivision and for a new build! The highest and best use of the lot would be to have two duplexes side by side. This house was recently updated with updated doors, fresh paint, new plumbing, new sewer line, new water line, new furnace, and a new 100 amp electrical panel. There is currently a tenant living there that pays $1400 a month for rent making it a great income property. You enter the home into the spacious living room. Next is the dine-in kitchen with the included fridge and stove. There are also two good sized bedrooms and a 4 piece bathroom on the main floor. The full basement is unfinished and braced on all 4 walls. The included washer and dryer are in the basement as well. The property recently received a new fence in the back. (id:54626)