Strong opportunity for investors or owner-occupants seeking additional rental income. Rare development opportunity near Lincoln Woods State Park with Town approval for conversion to a legal two-family in desirable Lincoln. Approved stamped civil and architectural plans included. Fully gutted with all new framing, new windows, new board-and-batten vinyl siding, and a roof with good remaining life. Approx. 2,200 sq ft across all levels including attic storage. First floor supports a 2BR/1BA layout per approved plans, and the basement level supports a second 2BR/1BA unit with proper egress, creating a 4BR/2BA two-family home once completed. Water and electrical are connected; town sewer tie-in required. Four off-street parking spaces. Oversized garage offers ADU conversion potential for additional rental income. Two-family approval is contingent on the buyer filing for a building permit and completing the work per the approved plans and the Town Planner's letter. Seller is a licensed real estate agent.