This exquisite Victorian home, lovingly preserved by the same family for over a generation, stands in outstanding condition and is perfectly situated in the vibrant heart of Oak Bluffs Center. Enjoy the convenience of being just steps away from the Public Beach, Steamship Authority, Oak Bluffs Harbor, a supermarket, and a variety of charming restaurants and shops that contribute to Oak Bluffs' allure as a premier summer destination on Martha's Vineyard. This delightful three-season cottage has been carefully modernized over the years, offering a rare investment opportunity. Located within the highly sought-after B1 Zone, this residence has been cherished as a family home while also providing the potential for commercial endeavors. The property features a well-designed floor plan that includes four bedrooms-one conveniently located on the first floor-along with a full bathroom, two half bathrooms, a laundry storage area, an eat-in kitchen, and a cozy living room. The home is adorned with stunning wood flooring throughout, bright and airy rooms with original windows, a new hot water on demand system, and a charming front porch, perfect for leisurely afternoons. With its four bedrooms and prime in-town location, this property offers substantial rental potential, making it an exceptional opportunity for both personal enjoyment and investment.