Discover this delightful Arts and Crafts bungalow, perfectly located just minutes from, and walkable to, the heart of charming Downtown Waynesville. The ideal multifamily home or investment property. Main home features 3 BR, 1 BA and many recent updates, including a complete electrical overhaul and a new electric furnace/HVAC system. Secondary living quarters - 2 BR, 1 BA and full kitchen is located above detached garage. Perfect for multi-generational living or for short-term/long-term rental income. Additional features include an EV charger on the exterior of the main home, freshly painted interiors with new trim and shoe molding, and a large, clean basement for storage or workspace. The backyard is a haven for entertaining, with a large parcel, a lovely creek, a stone patio, & bonus storage or alternate use opportunity space under the apartment (office, bonus room, etc). Whether you’re looking for a home with income potential or a flexible living space, this property offers it all.