Beautifully maintained Craftsman home in a prime Queen Anne location, just one block from the Fremont Cut, Burke-Gilman Trail, and Seattle Pacific University. This versatile property lives like a single-family home while offering excellent income potential with a flexible two-unit layout. The home is currently configured as two separate units but can easily be converted back to a single-family residence if desired. The property has a proven rental history, with 2024 rents of $3,625/month for the upper unit and $2,245/month for the lower unit. It also offers excellent short-term rental potential for even greater upside. Currently vacant, the home provides immediate flexibility for the next owner. The covered front entry welcomes you into a spacious living and dining room with hardwood floors throughout. Kitchen, bedroom, full bath, laundry and private Trex deck round out the remainder of the main floor. The second-floor features two additional bedrooms. The fully finished basement includes two bedrooms, full bath, kitchen, living room and in-unit laundry-perfect for a separate rental or guest quarters. Property comes with a dedicated alley parking stall. Extensively updated over the years, the property includes modernized plumbing, electrical, kitchens, bathrooms, drywall, windows, roof, gutters, siding, and exterior paint. Truly move-in ready, this is a rare opportunity to own a turnkey home with exceptional rental potential in one of Seattle's most desirable neighborhoods.