LEGAL lock-off apartment is the key to this fully re-modeled home, with NO HOA, in the middle of downtown Frisco! Live in one-half, short-term rent the other.....or short term rent both, or long-term rent both as the owner has done over the years with approximately $9,000 per month in rental income in 2024 and 2025!! Allow some pets, and watch those rents SOAR! The upstairs of the home includes 4 bedrooms, 2 bathrooms, a large kitchen & living area, large outdoor deck and built-in storage on the side of the property for bikes, tires, etc. The downstairs has 3 bedrooms, 2 bathrooms, a large kitchen & living area and a large weather-proofed storage area underneath the front decks. Both units have a washer & dryer, and the way the property is currently configured, all past tenants have shared the yard and firepit in the back area of the home. Plenty of parking for at least 10 vehicles, with no restrictions on what types of vehicles/trailers/RV's/boats can be parked in the HUGE driveway. While this is a very basic home on the outside, the roof is new within the past 5 years, all 21 windows have been replaced in the past 2 years, and the entire home has been re-modeled with new LVP flooring, new kitchens, and sparkling bathrooms throughout. There is NO requirement to keep the property as two separate units, but the legal lock-off status does allow most lenders to take rental income into account when qualifying for a loan.....rent part of it for a few years, then convert back to a true single family home as your family grows. Endless possibilities, investment grade income, and a place you can call your own without the headaches of an HOA. Easy 10 minute walk to Main Street Frisco, or about the same distance over to Safeway & Wal-Mart. Two photos are Virtually Staged. Agent is Owner.