Outstanding opportunity awaits in this stunning barrel-front townhouse nestled on a gorgeous tree-lined Bay Ridge block. As a legal two-family building in fixer-upper condition, this is an ideal acquisition for investors or homebuyers seeking rental income, multigenerational living space or the perfect setting for a spectacular single-family home. Available for the first time in decades, this 2,730-square-foot building offers two levels of living space with four bedrooms, two baths and two kitchens. The 1901 building is filled with lovely prewar details, including hardwood floors, tall baseboards, and a stately staircase wrapped in wood wainscoting. The lower unit opens with a large living room with bay windows and an oversized eat-in kitchen featuring stainless steel appliances and access to a large deck and expansive rear yard. The upstairs unit offers a similar layout, while the full-height, windowed basement provides room to grow with excellent storage space, laundry, and access to the front and rear yards. A beautiful brick facade and gated forecourt complete this 20-foot by 50-foot property. This desirable Bay Ridge location is just inches from the fantastic shopping and dining venues that line 3rd and 5th avenues. Wonderful parks and waterfront outdoor space surround the home in every direction. Transportation is effortless with the R train, excellent bus service, CitiBikes and the Gowanus Expressway all nearby.