
529 S Second Street
Gorgeous HIstorical Mansion is a Money Maker!
Marketing description
Enjoy simple elegance in this show-stopping turn of the century home. Behold beautiful hardwood floors throughout, and classic fixtures and features around every corner. The wood burning fireplace in the diningroom provides a cozy atmosphere for after-dinner conversation, and the coffee alcove located at the first tier of the grand staircase is the perfect place for morning coffee. The peacocks in the peacock room were hand painted in a previous renovation and this room makes a magnificent study, office, or livingroom. Currently used as a local event center and Bed & Breakfast, the possibilities for this home are limitless, as it's zoned for mixed use. All of the heavy lifting has been done, and the updates include new furnace and AC, repair of the slate roof, renovated master bathroom (now with steam shower) as well as 2 added en-suite bathrooms upstairs. Special care has been taken to provide finishes that pay homage to the classic aesthetic of this historical home. Updated plumbing includes replacement of former cast iron pipes and an in-line tankless water heater. The electric has also been updated, a main level laundry room added, and structural integrity improved as areas of damage were removed, replaced and and lovingly restored back to the orginial finish. ADA compliant rear entrance allows for public accessibility. There is a 15 spot parking lot behind the building as well as parking on the street, and a public parking area.
Investment highlights
Income generated is approximately $50,000 annually at a leisurely pace. Used for airbnb Notre Dame Game rentals, bridal showers, boutique weddings, Mother's Day Tea, Christmas Bazaars, and can be used as a residence as well.
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