Rare opportunity to own two stand-alone homes on one lot (25x80) in the heart of the highly sought-after Old Town Triangle-an exceptional investment with strong rental potential and multiple use options. Building #1 is a Victorian-style home originally built in 1895 for a cigar maker and later renovated in 2000. The home offers three levels of light-filled living space with 3 bedrooms and 2.5 baths. The main level features a living room, dining room, updated kitchen, and powder room with hardwood floors throughout. The top level includes two bedrooms and a spacious shared full bath with vaulted ceilings, dual sinks, and skylights. The lower level provides a third bedroom, full bath, family room, and laundry. A private patio is exclusive to this home. Projected rent: $6,500-$7,500 per month. Tenants pay utilities. Building #2 is a separate two-level brick coach house filled with character, including exposed brick, oversized windows, and a spacious living area with a wood-burning fireplace. The second level features a large lofted bedroom and bathroom. The kitchen includes a washer/dryer combo, and the coach house enjoys its own private patio. Projected rent: approximately $3,000 per month. Tenant pays utilities. This property presents an ideal setup for an owner-occupant looking to live in one home while renting or Airbnbing the other-without sharing walls, floors, or ceilings with tenants. Investors will appreciate the strong rental demand in Old Town and the opportunity to collect premium rents. Both buildings have been significantly updated over the years (see additional documents for improvements). PLEASE NOTE - No on-site parking, but easy street parking and nearby rental options are available. Outstanding location just two blocks from the L, steps from Twin Anchors, and walking distance to the lakefront, Wells Street restaurants, shops, and coffee. A rare Old Town investment offering two independent homes in the Lincoln School District, strong income potential, and an unbeatable location.
