A rare opportunity in Gilford. A ranch with legal in-home apartment on a 1.16-acre mostly level lot that is also zoned commercially! Make it your home, home-based business, rental property, or add some structures for a variety of business ventures. The possibilities are many with some repairs and updating. The main living level has 3 bedrooms, 1.5 baths, laundry hook-up, cedar closet, eat-in kitchen and living room with mountain views. The accessory apartment downstairs has 2 bedrooms, 1 bath, living area, galley kitchen and laundry room. There is garage capacity for 3 vehicles, screened in porch, town sewer with direct RV hook-up, private well, mature perennials, and buried electrical lines. You will love the central location, just minutes from shopping, Bank of NH Pavilion and Lake Winnipesaukee. Don't miss out on this fantastic investment or multi-generational living opportunity!