Welcome to this spacious two-family located on desirable Elm Street; just minutes from downtown New Haven, Yale University, Yale New Haven Hospital, UNH, SCSU, and so much more! This charming property offers classic architectural details, hardwood floors, and a flexible layout that makes it ideal for both investors and owner-occupants. The first-floor unit features two bedrooms and one full bath, a fireplaced living room, a kitchen and dining room and is currently tenant-occupied on a month-to-month basis, providing immediate rental income. The second and third floors are combined into a single oversized unit. The second floor includes two bedrooms, a full bath, a kitchen, a living room and dining room, hardwood flooring and access to a porch off the living room. The third floor offers an incredible BONUS of space adding three additional bedrooms, a full bath and living room, soaring ceilings, and a stunning Palladian window that fills the space with beautiful natural light - perfect f