There's an assumable FHA loan for $197,000 and some change on this charming 2-flat conversion nestled on a picturesque street near Elgin's historic district! The first-floor unit boasts high ceilings, a spacious living room, an elegant arched doorway leading to the kitchen/dining area, two large bedrooms with ample walk-in closets, and a full bath. Freshly painted with new carpeting, the second-floor unit features two bedrooms, a generous living area, an eat-in kitchen, a private balcony, and a spacious full bath. The basement offers two large finished living areas (egress window required to designate a bedroom) and a full bath with a small kitchen area. Please note, basement appliances are not included.Recent upgrades include city-redone sewer/water pipes, side drive/apron, a furnace, central air, and hot water heater (all ~3 years old). Past updates include roof, updated electrical, and PVC sewer line from 2012. Enjoy outdoor living on the expansive back patio with a partial privacy fence. The oversized 2-car garage includes a workbench, storage, and a walk-up attic. The current tenant is on a month-to-month lease. Sold as-is, this versatile property is perfect for a two-family household, an investment opportunity, or conversion back to a single-family home. Endless possibilities await!