Discover boundless options and opportunities with this extraordinary package deal, boasting approximately 4200+ square feet of total heated area nestled in the heart of University Park. Situated on a sprawling, exquisitely landscaped .40-acre lot, this well maintained property offers unparalleled convenience, just a stone's throw away from the Raleigh Rose Garden, Raleigh Little Theater, neighborhood parks, The Village District, and NCSU! Customize this space to your likingâ€''whether you choose to occupy the owner's suite or utilize it for additional rental income or effortlessly revert it back to a single-family home by reopening the closed-off stairs for a spacious approximate 2,500 square feet. Here's the breakdown (all measurements approximate): 1) Main floor owner's suite spanning 1550 square feet, featuring two bedrooms, a well-appointed kitchen, dining room, office, living room with a masonry fireplace, and an attached sunroom. 2) A charming two-bedroom, two-floor mid-century knotty pine apartment spanning 950 square feet with a separate entrance. 3) A sunlit 740-square-foot daylight one-bedroom unit with a separate entrance. 4) A stylish detached brick guest cottage (ADU) offering 955 square feet of space, complete with built-ins and a masonry fireplace. 5) An expansive 825-square-foot unfinished basement with both interior and exterior access, formerly utilized as an art studio/workshop. This property is truly one-of-a-kind, and as such, the listing agent must be present for all showings. Don't miss out on this exceptional opportunity!