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Welcome to a great opportunity in the heart of the Penrose neighborhood: this stately 2-story, 3-bedroom, 2-baths home at 4534 Margaretta Ave presents solid potential for both owner-occupants and investors alike. Step inside and you’ll be greeted by generous living space 1,918 sq ft with character details — from original woodwork and classic architectural touches to a layout that flows across two full levels. On the main level you’ll find the living room, dining area and convenient first-floor laundry; upstairs, three bedrooms and a bonus room or loft space offer flexible usage. This home is currently tenant-occupied on a month-to-month lease – providing immediate income or allowing future conversion to owner occupancy. The location is practical for easy access to local amenities, transit, and established community. Whether you choose to hold as a rental or renovate and move in, the flexible terms make it an appealing proposition. Please don't disturb tenants. Don’t miss your chance to take advantage of this value-forward offering in a neighborhood ready for renewal — schedule a look today and imagine the possibilities.
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