Prime Investment Opportunity in Historic Downtown Beaufort Located in the vibrant heart of downtown Beaufort, the historic Clara Elizabeth Elliott home offers not only timeless Lowcountry charm but also tremendous income-producing potential. This beautifully renovated 105-year-old cottage is zoned T4-N for both residential and commercial use, making it fully eligible for short-term rentals, or office space for light commercial - a rare and valuable advantage in this coveted area. This corner lot has the rare opportunity to build a nice ADU..large enough for a garage, or carriage house. The main home boasts three bedrooms and three bathrooms, while the separate 1-bedroom, 1-bath apartment provides flexibility for dual rental income or owner occupancy with a guest suite. Fully updated in 2022/2023 the property features major improvements of all new electrical and plumbing systems, kitchens and bathroom cabinets and fixtures. With walkability to shops, restaurants, and the waterfront, this location is ideal for both short-term vacationers and long-term tenants alike. Whether you're seeking a turnkey investment property or a primary residence with strong rental offsets, this downtown gem offers exceptional earning potential. Rental history available upon request. Don't miss this opportunity to own a fully updated, income-generating piece of Beaufort's historic charm.