Rare investment opportunity in the heart of Stevensville! This expansive property at 2854 Oak St is comprising of three lots under one ID providing a large 0.46-acre lot, offering massive frontage and an oversized concrete driveway with ample parking. The home is a large 1.5-story residence with a functional 1950s build and 1980s updates, now ready for a full cosmetic overhaul to reach its true potential. Boasting over 3,100 square feet of finished living space, the layout is incredibly versatile and investor-friendly, with every single level including the main, walk-out downstairs, and basement featuring their own exterior exit points. This unique setup makes the home a prime candidate for multi-generational living or a high-capacity rental conversion after some love and sprucing up. The main house features five bedrooms and 5 bathrooms total, supported by a 200-amp electrical service(s) and a forced air heating and a/c cooling system(s). Step outside to find a sprawling 698-square-foot treated wood deck on the side of the house giving easy access to the apartment above the garage. Adding even more value is a second building on the property consisting of a large two-car detached garage with a finished apartment above which is providing just under 900 sqft of immediate secondary living space or home office.The location is truly unbeatable, placing you within walking distance to the shops and amenities of downtown Stevensville while keeping you moments away from major big-box retailers and the Red Arrow Highway for easy travel. This property is being sold strictly as-is, with all kitchen appliances and existing storage sheds included in the sale. Whether you are looking for a significant renovation project or a large-scale home to customize in a prime location, this property offers the bones and the space to make it happen.