Historic charmer close to everything in Gainesville. Welcome to this remarkable four-bedroom, five-bathroom residence that could serve several buyers from those looking for a single-family home, multi-generational home, home with investment opportunities built-in, or investors looking for a gem! The home is ideally situated near revitalized and vibrant downtown Gainesville. This historic home features a main-level principal suite complete with a cozy sitting area and two private bathrooms, perfect for relaxation and privacy. Entertain guests in the expansive formal dining room, or unwind in the den and sunroom, both located on the main floor. Upstairs there is a great teen-ager suite with sitting area, bedroom and bathroom lit from beautiful skylights to provide wonderful natural light for the area. Enjoy outdoor living with a grilling porch located near the kitchen, and a second terrace level that opens off the large den. Experience city living at its finest - without the burden of HOA fees - while enjoying a beautifully maintained neighborhood. You are close to everything downtown, local parks and Lake Lanier. Key updates on the home include a lifetime roof and HVAC system installed in 2021. The plumbing was also updated and features five new low-flow toilets. The home boasts significant energy upgrades, including an energy audit that resulted in additional insulation and a tankless hot water heater. It was the only local residence to win the Federal Green Grant in 2013. The basement was recently remodeled and includes luxury vinyl tile floors and includes a second kitchen and theatre room. The additions and updates make the total living space deceiving. In addition to the spacious interior, there is approximately 2500 square feet of exterior space across the many porches and decks. This charmer is an entertainer's dream. The home is not only spacious but can be designed for multi-generational living. The lower level features a full kitchen, living space, two bedrooms, two bathrooms and a theatre room which could also double as a fifth bedroom/flex room. This level also features its own parking and separate entrances, making it ideal for short-term or long-term rental income. However, location is the key to real estate and this one can't be beat. Enjoy the square, where a variety of restaurants, bars, and family-friendly activities abound year-round. Additionally, a free trolley operates Thursday through Saturday nights. Don't miss the chance to experience the charm and convenience of this rare opportunity. Close enough to work in Atlanta but far enough away to live in a small city and enjoy lake life in the country. Schedule your showing today. Consistently ranked as one of the best small cities in the Nation, this Gainesville home is priced to sell and won't last long.