Welcome to this exceptionally well-maintained, detached two-family Cape Cod home in the highly desirable Bay Terrace sector of Bayside. Situated on a generous 50 x 100 lot in R2A zoning, this move-in ready home features 1,182 sq. ft. of living space with the incredible advantage of 1,318 square feet of additional buildable space. The main level opens into an entry foyer with a coat closet before leading into the first floor unit. Inside, you're greeted by a spacious formal living room bathed in eastern light through a large triple window, a cozy dining room, a fully equipped U-shaped kitchen with direct rear access to the expansive backyard, a classic full bath naturally lit by an overhead skylight, a queen-size bedroom, and a primary king-size bedroom. Internal stairs take you down to the basement with high ceilings, laundry, and mechanicals with recently upgraded boiler and hot water systems. The basement is full and unfinished, offering a completely customizable blank canvas. The sunny stairwell topped with a bright skylight, leads to the upper unit; a fully equipped one-bedroom apartment featuring an open living and dining area, a full kitchen with standard appliances, and a bath with a stand-up shower. Outdoors, the property boasts a private driveway, a fully detached profile, and an enormous, tree-lined backyard complete with two storage sheds and a charming tucked-away pathway that leads directly up to the second shed. The home’s location is truly unbeatable for convenience and outdoor lifestyle. Just half a block from the Bay Terrace Shopping Center, you have endless retail, dining, movie theater entertainment, a fitness center, and a Stop & Shop right at your doorstep. Outstanding outdoor recreation surrounds you, starting less than five minutes away at historic Fort Totten Park, featuring scenic bike paths, running trails, sports fields, dog-friendly areas, a nearby golf course, and a scenic rock-edge pier perfect for watching the sunset. Nearby Crocheron Park offers dedicated pickleball courts, baseball and softball fields, a dog park, hiking trails, and picturesque views over Little Neck Bay. Alley Pond Park is also under 15 minutes away, providing expansive nature trails, athletic fields, and picnic areas. Daily conveniences and schooling are seamless, with the zoned elementary and middle schools under 5 minutes away, and Bayside High School and Queensborough Community College both under 10 minutes from the front door. Bell Boulevard is nearby for additional dining/shopping options, as well as transportation. The LIRR located at Bell Blvd / 28th Avenue provides a quick 30-minute ride into Manhattan, or East into Long Island. The Q28 and QM20 buses sit just two and a half blocks away from the home with direct access to Main Street Flushing. Cross Island Expwy and Clearview Expwy are also less than 5 minutes away. Whether you’re looking to occupy one unit and rent the other, secure a prime income property, or utilize the rare expansion upside, this property is an exceptional opportunity to invest in the highly desirable Bay Terrace area.