FLEXIBLE LIVING & UNBEATABLE LOCATION! This unique property offers incredible flexibility with its approved accessory apartment use, perfect for a house hack, supplemental income, or multi-generational living. The main level features a comfortable layout with a living room, dining room, kitchen, two bedrooms, and a full bath. The expansive, above-grade finished lower level is a true gem, measuring a generous 31x11 feet. With its own separate entrance, cozy fireplace, and full bath, this space is already approved as an in-law/accessory apartment use, just needs the kitchenette re-installed and space inspected! This provides an excellent opportunity for rental income or private living quarters. French doors from the main level lead to a back deck, perfect for outdoor entertaining and enjoying the backyard. The home boasts several recent upgrades, including a newer roof, new gas water heater, and stainless steel appliances in the kitchen including a double oven range! Enjoy the efficiency of natural gas heating. Located in a desirable, walkable in-town location, you're just a short stroll from the library, charming local restaurants, and all the amenities Wallingford has to offer. This property presents a fantastic opportunity for a savvy buyer looking to offset their mortgage with rental income or accommodate a shared family living arrangement in a prime location. Don't miss this unique and versatile home!