Rare opportunity in the heart of Lowry Hill! Ideally located just minutes from Lake of the Isles, Loring Park, downtown Minneapolis, restaurants, shopping, and more, this unique two-level condo offers exceptional flexibility and investment potential. The main level features two bedrooms, two bathrooms, beautiful hardwood floors, and timeless original charm and character throughout. The private lower level has its own separate entrance and functions like a mother-in-law suite, complete with a kitchenette, 3/4 bath, and a non-conforming bedroom. With a strong rental history, it's an excellent opportunity to generate income while maintaining privacy between living spaces. This well-maintained home also features a newer roof, making it an attractive option for both owner-occupants and investors alike.