Investors! This beautifully landscaped 4-bedroom character home with a legal 2-bedroom suite offers a wealth of development opportunities. The inviting home has undergone substantial renovations, making it a prime candidate for investment in a high-demand area. The main house features gorgeous original hardwood floors, an updated kitchen with new stainless steel appliances, updated flooring, a new laundry room, central A/C, and high efficiency forced air heat. Located in a prime downtown area, you can walk to shops, the beach, breweries/restaurants, public transit, grocery stores, and more. The 2 bedroom income suite includes a newer kitchen, a bathroom with a shower/tub and vanity, a separate entrance, and in-suite laundry. Lane access to the detached garage provides ease of parking for potential buildout. This multi-family lot (MF1) allows for a duplex plus secondary suites, or a fourplex accommodating up to four families. The property offers an unbeatable combination of immediate potential rental income and future development opportunities. Act now to secure this exceptional investment opportunity in a thriving downtown neighborhood.