This classic hip-roof Colonial offers rare flexibility with an adorable one-level apartment - perfect for rental income, multi-generational living, or a private guest space. Set on a level, fenced-in lot with mature trees and flowering shurbs this home sits in a convenient Deering Center location just a short stroll to Back Cove, Baxter Woods, Evergreen Trails, and the beautiful UNE campus! A covered front porch welcomes you into a foyer filled with 1920's character -- gleaming wood floors, wide moldings and a signature stained glass window. The sunny living room invites you in with built-in bookcases and flows open into a spacious dining room, perfectly positioned beside the kitchen. The updated kitchen features warm, shaker-style cherry cabinetry, a gas cook range, ample counter space for food preparation and a cozy dining nook that opens to a large sundeck and backyard. The second floor offers 4 bright corner bedrooms, a full bath, custom built-ins, and central air pumps for comfortable summer nights. Additionally, there are ceiling fans and attic storage for comfort and convenience. The lower level includes a bonus family room, a second full bath, a laundry area and a handy workshop. Systems are in excellent shape with a high-efficiency Weil-McLain natural gas boiler, heat pumps and updated electrical. The one-bedroom apartment, added in 1984 has it's own entry, separate utilities, vaulted ceilings, a sunny living room with sliders to a private deck, a fully applianced kitchen with breakfast bar and in-unit laundry and attic storage. It has been used both for family and as a registered Airbnb, offering strong income potential. Vinyl siding on the main house, replacement windows, two paved driveways, covered storage for bikes, toys and tools! With access to the Metro Bus, minutes to Downtown Potland and great restaurants, cafes and shopping in every direction - this truly is a winner!