Welcome to this unique residential multi-family opportunity located within the Arlington Central School District in the town of LaGrange! Offering two separate homes on one property with a potential of $4,500+/month combined with the vacant lot next door for over an acre of property total. Possible expansion opportunity! This is perfect for owner-occupants, multi-generational living, or investment potential. The primary residence is a charming Cape Cod-style home featuring 3 bedrooms and 2 full bathrooms, filled with warmth and character throughout. Step inside to a spacious and inviting living room with rich wood-paneled accents, beautiful hardwood flooring, and a striking stone fireplace that creates a cozy focal point. The layout flows seamlessly into a formal dining room, ideal for hosting gatherings, while the oversized kitchen provides abundant cabinetry, stainless steel appliances, and a distinctive brick accent alcove that adds both charm and functionality. A first-floor bedroom and full bathroom offer flexible living options, while upstairs you’ll find two generously sized bedrooms and an additional full bath, creating a comfortable and private retreat. The home continues to impress with a large rear deck perfect for outdoor entertaining, overlooking a level yard that provides plenty of usable space for recreation or relaxation. Complementing the main home is a separate cottage-style dwelling completely renovated with it's own electric meter, offering 1 bedroom, den and 1 full bathroom, ideal as a rental income opportunity, guest house, or private space for extended family, adding exceptional versatility and value to the property. Over half an acre of vacant land next to the property as well combined with the sale. Conveniently located near shopping, dining, schools, and major commuter routes, this property offers the perfect blend of charm, space, and income potential in a prime Hudson Valley location. Don’t miss this rare opportunity to own a multi-home property with endless possibilities! You don't want to miss this one, schedule your showing today!