Pls arrange appointments with 24Hrs notice. Offers as received. Attention investors, builders, and handymen! In the heart of St. James, this property offers a proven record of steady rental income and excellent redevelopment potential. A long-term tenant (20+ yrs) is now on month-to-month and happy to stay — ideal for reliable cash flow while you plan your next project. Currently rented at $1, 175/month, generating approx. $12, 000 net annually (7.5% cap rate).The 650+ sq. Ft. Bungalow includes front and back porches, a central hall with laundry, a bright living room with bow window, eat-in kitchen, and two bedrooms with closets. The fenced yard has parking for two vehicles. Yes, the house needs work — but the location is unbeatable! Close to schools, parks, transit, and Polo Park. Whether you renovate, rent, or rebuild, this is a rare opportunity in a high-demand area with strong value growth potential. Don’t wait — act fast.