It's time to put your money in Real Estate! Here's a property that is in prime condition and generates an income plus appreciation! Hamlet Business (HB) zoned property, in the heart of the Hamlet of Southold! Currently a Legal two-family home - each apartment has two bedrooms, wood floors, updated eat-in kitchen, spacious living room, bathroom, window air-conditioners, with lots of natural light coming from widows on all sides of the house. A beautiful two-story, 1,100 square foot, BARN, approximately a hundred-year old, with electric and running water. This rare accessory building has been preserved, refurbished and is functional just waiting to be repurposed - we virtually staged it with an entertaining idea! There is also an active planting field behind the barn with irrigation. The property has mature trees and a substantial lawn making it private and peaceful, and at the same time centrally located for an easy walk to local restaurants, grocery, banks, post office, town hall, and other shopping. There is deeded access to beautiful Founders Landing Bay Beach and Park - very walkable on a lovely spring or summer day! And...it only a few steps to Southold's Long Island Railroad Station as well as the Hampton Jitney bus stop. The Hamlet Business Zoning offers numerous other possibilities. Buy this rental-investment property (apartments will be available to for turnover to new owner shortly) and secure an income while your investment appreciates!