Nestled in the Parkrose neighborhood, this cozy updated home and converted garage offer a unique opportunity for both savvy investors and those seeking versatile living spaces. The quaint 1922 built home has an updated kitchen, remodeled bathroom, fresh carpet and paint throughout, and adorable curb appeal. It also includes a partial basement with laundry and extra storage space. The true bonus feature of this property is the detached garage, which was converted to a separate living space in the 1930's and has had a number of uses over the years. With its own entrance, kitchen, bathroom, and living area, the possibilities are endless. This flexible space is perfect for generating rental income, hosting guests, or accommodating extended family members. It has excellent income potential or would be the ideal space for a home office, art studio, or gym. This gem awaits your personal touches and vision to make it truly shine. The spacious 70' x 100' corner lot allows room for both buildings to have their own outdoor area if desired. For the investor, the advantageous CM2 zoning would allow for future development or commercial business applications. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10221788]