Opportunity awaits you at this lovely 1.5 story bungalow located in the desirable SoFo/Fernwood neighborhood of Traverse City proper! Encompassing 3 lots, there is income producing potential here. Transition the existing detached two stall garage into a carriage house or even build a second home (after verifying with the City). The home is turnkey and could use some cosmetic updates, but the love shown since a complete 2005 remodel is very apparent throughout. The main floor features a generously sized living area, dining area, and kitchen. Upstairs are two large sleeping quarters with small walk-in closets and a dormer area perfect for extra storage. High ceilings in the clean basement could mean more finished square footage, or just add some shelving and use the ample open space for a crafting area or workshop. The laundry is currently downstairs, but could be relocated back to the main floor in the entry mud area. Outside you've got hardwoods ripe with color in the Fall, in ground irrigation to keep things green in the Summer, and multiple patios/porches to kick back and relax on. There's also convenient alley access to the garage and large poured pad that provides a ton of parking and room to store toys or an RV. You're just minutes from the Boardman Lake Loop, local breweries and eateries, and have easy access to main commuter roads taking you downtown or out of the city. This timeless charmer is just begging for someone to make their "in-town" dream a reality, and it has a lot of love yet to give!