Discover a fantastic investment or owner-occupant opportunity with this charming two-family home located in the desirable Fresh Meadows neighborhood. Built in 1940, this property sits on a spacious 4,448 sq ft lot (40.08x111) and features a private driveway and a convenient one-car garage. Potential development opportunity(R3-2 zoning)! The first unit encompasses the first floor and a finished basement. The first floor provides a comfortable living room, a formal dining room, an eat-in kitchen, a full bathroom, and one bedroom. Access to the finished basement is seamlessly integrated, offering a full bathroom and a large recreation area, perfect for entertaining or additional living space. The second unit occupies the second floor and includes two bedrooms, a full bathroom, an eat-in kitchen, a living room, and access to a finished third-floor room, adding versatile space that could be used as an office, den, or extra storage. Beyond the property itself, the Fresh Meadows location offers a wealth of amenities. Residents can enjoy proximity to schools, shops, restaurants and public transportation (nearby MTA Q46 bus lines, connecting residents to key areas and amenities, alongside the Horace Harding Express and the Q17/Q88 routes). Local parks such as Flushing Meadows Corona Park, Kissena Corridor Park, and Fresh Meadows Park provide ample green space and recreational opportunities. This property presents an opportunity to enjoy the benefits of a thriving community with diverse offerings for both residents and potential tenants.