Prime Investment Opportunity, Walk to Silver Lake! This spacious 3,700+ sq ft Victorian home perfectly blends timeless charm with modern updates. Located just steps from Silver Lake Beach and scenic snowmobile trails, this property offers both lifestyle and income potential in a highly desirable area. Classic features like bay windows and built-ins are complemented by extensive recent updates, including a brand new 2024 septic system, insulation, heating, siding, drilled well, plumbing, and electrical. Renovations are underway, and the home is being sold as-is, offering a fantastic opportunity for further customization and value-add. The main unit features a large, updated kitchen with stainless steel appliances and abundant storage. It opens to a dining area, a formal living room, a spacious den, and a ¾ bath with laundry. Upstairs, you'll find three bright bedrooms and a full bath with a soaking tub. One bedroom connects to a private ¾ bath that can also serve as a lock-out for the studio in-law apartment--complete with its own entrance on the second floor of the main house. A separate 1-bedroom apartment is located above the barn/garage, featuring a private entrance, a great deck, bonus loft space, and separate utilities. The attached garage/barn offers even more storage or workshop potential. Much of the heavy lifting has already been done--now it's your turn to bring your vision and make this property shine as a primary residence with rental income, multi-generation.