Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location. This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy. Zoned Business General and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services. The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included). Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use. A separate two-story building contains two 1-bedroom, 1-bath apartment units: Unit 3: $1,400/month (utilities included) Unit 4: $1,300/month (utilities included) Each unit includes its own living space, kitchen, and private patio, well-suited for long-term tenancy. Recent improvements include a newer water heater in Unit 3 & 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house. An additional unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion (buyer to verify). A compelling opportunity to acquire a centrally located multi-family property with in-place income today and repositioning upside tomorrow. Property offered in its current condition. Seller has completed prior inspections, including general inspection, radon, air quality, and sewer scope. Reports available for buyer review. Price reflects condition.