An affordable property with an unusual combination of residential space, rental income potential and substantial ground-level workspace, all just minutes from the Town of Floyd. Recent improvements add value to this flexible two-level property. The upper level offers a 2-bedroom, 1-bath residence with a recently renovated full bath, updated flooring and extensive plumbing upgrades throughout, along with a full kitchen, living area and separate exterior entrance. The ground level provides a large open workshop/flex space with a half bath--ideal for a studio, shop, storage, home-based workspace or other creative uses. With a history as a rental property, the configuration offers possibilities for an investor, owner-occupant, or someone looking to combine living and workspace. Situated on approximately one acre along Route 221, the property offers excellent access and visibility, with Slaughters Supermarket approximately ¼ mile away and the Town of Floyd just beyond. Spring water.