Welcome to 103 Water Street! This charming multi-family property is nestled on a quiet dead-end street, offering a perfect blend of historical character and modern convenience. With its ideal in-town location, you'll find yourself within walking distance of schools, colleges, medical facilities, stores, restaurants, and other town amenities. Step inside the main house, which boasts a delightful New England farmhouse feel. This unit features three bedrooms and one-and-a-half baths, providing ample space for comfort. The main house spans an impressive 1,260 square feet and retains its early 1900s charm while also boasting upgraded windows & skylights, solid cherry flooring on the first floor, and solid pine flooring on the second floor. Adjacent to the main house is the ell, a renovated unit with endless potential. Offering two bedrooms and one-and-a-half baths across 640 square feet, this space presents an incredible income opportunity. Imagine the possibilities - use it as a rental investment or seamlessly convert it back into a single-family home. One standout feature of the ell is its delightful 188-square-foot screened-in sun porch. Perfect for relaxing or entertaining guests, this space invites you to unwind and soak in the serenity of your private backyard. It's worth mentioning that the main house has had the same tenants for an impressive ten years - a testament to the quality and desirability of this property. Don't miss your chance to own this unique piece of real estate in a prime location!