Presenting a unique ocean view investment opportunity: a charming 3 bedroom 2 bath raised bungalow with a lower 2 bedroom one bath suite with separate laundry originally constructed in 1953 as an original mill manager's home. This home exudes character and charm with original hardwood floors and offers modern amenities and great energy efficiency and super low utility bills with upgrades such as natural gas forced air heating, tankless on-demand hot water, additional insulation and vinyl thermal windows. The main floor welcomes you with hardwood floors, open updated kitchen and an open living room complete with a cozy wett certified wood burning fireplace insert surrounded by brick and tile, floor to ceiling windows that let in ample natural light and a sliding glass door opens to a sprawling 1006 sq ft wood deck, perfect for taking in the private yard and beautiful ocean views. The large primary bedroom opens to the wrap around deck and has a luxurious 4 piece ensuite with a jetted soaker tub and separate shower. Two more big bedrooms and a 3 piece main bath and laundry complete the main floor. The lower suite was recently updated with new floors, doors, paint and trim. Both suites have separate exterior access and abundant parking for tenant comfort and privacy. This ocean view property is not only a beautiful home but also a sound investment with the lower floor currently rented for $1750/month and the upper floor ready for you to move in or rentable for $2600/month.