1257 Lydia St

Description

Don't miss out on this rare opportunity to own a mixed-use duplex in the thriving Schnitzelburg neighborhood! Located just minutes from some of the city's best bars, restaurants, and parks, this property offers both incredible flexibility and an unbeatable location. Whether you're looking for a multi-family property, a commercial space, or a blend of both, this property's OR1 zoning and unique layout make it a standout investment. The OR1 zoning allows for a range of possibilities, from long - OR - short-term residential rentals to commercial office space. You can choose to keep both units as residential rentals or convert the downstairs unit back into a commercial space. The downstairs has previously housed a grocery store, hair salon, and various office spaces, making it perfect for someone looking to bring a new business into the area. The upstairs unit is ideal for residential living, providing privacy, charm, and access to a shared backyard. Both units have separate entrances and utility meters, offering maximum flexibility for tenants and Owners. Its versatility gives you the freedom to create a space that works best for your needs. A small fenced backyard offers outdoor space for tenants, while a walk-up basement provides additional storage or the potential for future expansion. Steeped in history, this property has served the Schnitzelburg community for decades. Whether you continue its residential legacy or transform it into a commercial hub, this property gives you the chance to own a piece of Schnitzelburg's past while shaping its future. This duplex is perfectly positioned to take full advantage of Schnitzelburg's vibrant atmosphere - it's less than 5 minutes from the area's top spots like Monnik, The Merryweather, Hauck's, & Logan Street Market. Whether you are seeking potential tenants or looking for a future business venture, the walkability and charm of this neighborhood make it an ideal location. Come have a look for yourself and take a walk through a slice of history!