Prime location alert! Historic Taft School area. Just two blocks from The Green and a bustling downtown teeming with restaurants and shops, this home offers historic character with modern convenience. Versatile and full of charm, it presents an opportunity for various living arrangements, whether as a spacious family residence or a lucrative 2-family investment. Each floor features independent hot water, electrical, and gas panels, making it ideal for an in-law suite or landlords seeking easy management. The 1st floor boasts 4 spacious rooms, eat-in kitchen, and a convenient main-level laundry room. Original 8' windows with beautiful wavy glass reflect the craftsmanship of a bygone era, complemented by 8'5" ceilings and intricate trim work. The 2nd floor features a separate entrance and showcases refinished pine floors, private balcony and its own eat-in kitchen and laundry. A new security system ensures peace of mind, while a new flat roof adds durability for years to come. The spacious deck is complete with updated railings and support, perfect to unwind and soak in the beauty of each season. The rear patio overlooks a large, private lot boasting a massive multi-level barn ready for creative transformations. Whether you envision a rustic workshop, an artist's studio, or storage, the barn's new roof and easy-access doors make it ideal for various uses. Agent has ownership interest. Conveniently near Rt.63, 6, and 8, this is a prime opportunity in the heart of Watertown.