Welcome to this classic Vermont farmhouse in Northfield Village, just steps from Norwich University, offering a rare combination of charm, recent upgrades, and income potential. The property includes a fully finished 1-bedroom cottage with its own entrance, ideal as a rental unit, an in-law suite, or a steady source of extra income while you enjoy the main house. The main house has been extensively updated, with fresh exterior paint on both the house and attached barn, five new windows, and upgraded 200-amp electrical service. A new Hearthstone wood stove keeps the living space cozy, complemented by a new hybrid water heater and a new chimney cap and flashing. The attached barn offers a 4-bay garage under a brand-new roof and roof sheathing, a new garage heater, generous storage, and a firewood chute, with direct access on the top level. The cottage itself has been freshly painted and outfitted with a new, professionally installed vapor barrier and a new water heater, making it truly turnkey for a tenant or guest. Whether you're looking to offset your mortgage with rental income, host visiting family and friends, or set up a home office or studio, this flexible layout delivers options that are hard to find. Outside, enjoy fruit trees and a peaceful outdoor retreat. Location is unbeatable, with Northfield Village's restaurants and shops close by, plus hiking, mountain biking, and backcountry skiing nearby. Commuting is easy with quick access to I-89 and short drives to Montpelier and Barre. Ski enthusiasts will love being just 35 minutes from the Mad River Valley (Mad River Glen and Sugarbush) and 50 minutes from Stowe. Don't miss this versatile Vermont property with built-in rental income potential in a fantastic location.