253 Sydney

GRANT MANOR This Italianate style home was built in 1881 by Lemuel Grant, who is known for donating land to the city for Grant Park. The home sits on a beautiful corner lot of .91 acres which includes a total of five (5) tracts of land that have a skyline view of the city. (See enclosed descriptions and plat). It was constructed with two-foot thick masonry walls and has several nice porches. The interior masonry arches are a unique architectural feature resting on heart pine flooring. Fourteen and twelve foot ceilings, large windows and very large rooms are nice features as well. This lovely home could also be an event center or bed and breakfast with the correct zoning. The home has a former staff quarters attached to the main home with an enclosed breezeway. A separate one bedroom apartment has ben created and is currently rented for a gross amount of $1298. There are restrictive covenants on the property to prevent it from being subdivided and is to be sold "AS IS". The seller intends to exchange its interest in the subject property for an interest in another like kind property according to Section 1031 of the Internal Revenue Code. The property is best accessed from 507 Hill Street, the drive area.1