Nestled in the heart of the vibrant Cully neighborhood, this 2-bedroom, 1-bath home offers both charm and potential. Located just blocks from the dining options on NE 42nd and the expansive 24-acre Fernhill Park, it's ideally situated for convenience. The home features a quaint covered porch framed by mature roses, providing a welcoming entrance. Inside, the well-designed layout and solid bones are ready for your personal touch. The oversized lot, set back from the street, offers ample space for outdoor activities and gardening, with the added privacy of being fully fenced and gated. A large tool shed provides additional storage. Underneath the carpet, you'll find hardwood floors waiting to be revealed. Both bedrooms are spacious, and recent updates include a new electric water heater (2017), new furnace, roof, and gutters (2018), and a brand-new gas range. With the major updates already taken care of, all that's left is the fun part—making it your own with some cosmetic love and creativity. This home is an incredible sweat equity opportunity. Whether you move in and start adding personal touches or decide to renovate and reimagine the space, the possibilities are endless! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232645]