A compelling investment opportunity with tenants in place, just two blocks from the heart of East Hampton Village. Tucked away on a quiet dead-end street, this unique property offers two CO'd residences (second CO in process) on one lot, creating exceptional flexibility for rental income, personal use, or future enhancement. The front cottage (1183 SF +/-) features an enclosed porch, kitchen, two bedrooms, one bath, separate laundry and basement accessible through bilco doors. Outside is a fenced yard with patio. Positioned at the rear of the property, is a two-story carriage house (866 SF +/-) with a ground-level kitchen and living room, while the 2nd floor offers 2 bedrooms. Owner has proposed plans for the front cottage. Whether you're seeking an income-producing investment, or a multi-use retreat, this unique compound offers remarkable versatility, an excellent rental history, all within easy reach of East Hampton Village's shops, restaurants, transportation, and ocean beaches - a rare opportunity to invest in one of the Hamptons' most sought-after locations.