Discover the perfect blend of owner-occupant flexibility and investment potential at 1601 Dwight Way. This well-maintained duplex features a vacant 3-bedroom, 1-bath owner's unit ready for immediate occupancy, along with a separately occupied 1-bedroom, 1-bath unit on a month-to-month tenancy, providing immediate rental income. The vacant residence offers abundant natural light, beautiful hardwood floors, an inviting living room with fireplace, an updated kitchen with stainless steel appliances, refreshed bathroom, spacious bedrooms, in-unit laundry, and a partially finished basement offering excellent space for a home office, gym, workshop, studio, or additional storage (buyer to verify permitted uses). Outside, enjoy professionally landscaped grounds, attractive low-maintenance paver patios, and private outdoor spaces ideal for entertaining or relaxing. Ideally situated in one of Berkeley's most desirable neighborhoods, this property is just minutes from UC Berkeley, North Berkeley BART, Fourth Street shopping, the Gilman District, neighborhood cafés, restaurants, parks, and major commuter routes. Whether you're looking to live in one unit while generating rental income, expand your investment portfolio, or create a multigenerational living arrangement, this versatile duplex offers endless possibilities. A rare opportunity to own an income-producing property in the heart of Berkeley with immediate upside and exceptional long-term potential.