Location, Location, Location! Historic home with modern flair. Located in downtown Guilford. This 2783 sq.ft. colonial two-family home has a flexible layout featuring a main unit on 2 levels that lives like a single-family home with 4-5 bedrooms, 3 full baths, living room, dining room w/WB fireplace, eat-in kitchen, walk-in pantry w/wet bar, media/family/play room and laundry room. The second unit on the 2nd level offers 1 bedroom, 1 full bath, eat-in kitchen and living room or 2nd bedroom and offers income generating potential. Recent updates include many remodeled rooms, new HDZ roof, 4 programable thermostats, all new appliances, interior freshly painted, lighting, some rooms with original refinished flooring and much more. The large, level backyard is perfect for entertaining, sports or relaxation and highlights 2 professionally installed putting greens and a large workshop with electricity. There is a full lawn automatic sprinkler system with several zones and public water. Located 11 houses from the green, the 7 acre heart of the town and town center which fosters a lively atmosphere to explore while experiencing Guilfords downtown community charm. Whether youre looking for multi-generational living, in-law with separate entrance, in-home office, rental income or family vacation retreat, this property checks all of the boxes. Can be changed to a single family home. First time offered for sale in nearly 75 years! 100K price reduction!! Not due to any inspection issue. Sellers have retired and will be relocating. Conveniently located within 1-2 miles of Jacobs Town Beach w/playground and splash-pad, Guilford Yacht Club, town marina w/boat launch, Westwoods Trails, Yale Shoreline Medical Center, I-95 access, CT Shoreline East Rail with connections to Metro North and Amtrak. 96 miles to NYC or 150 miles to Boston by car.