Rare chance to own a home with an approved one bedroom ADU (accessory dwelling unit) nestled within Portsmouth's lovely Elwyn Park neighborhood. Downtown Portsmouth and Rye's beaches are minutes away while the peaceful wooded trails of the Urban Forestry Center are across the street. Enjoy the financial security of being able to rent the ADU whenever you wish. UPPER LEVEL RESIDENCE: This extensively renovated home features a spacious master with an en suite 3/4 bath, two additional bedrooms, a full bath, a lovely eat-in kitchen, and a large heated two car garage. LOWER LEVEL ADU: A contemporary one bedroom home featuring a living room, kitchen, and 3/4 bath. The versatility of this home is unparalleled. Enjoy the property as a four bedroom, three bathroom single-family residence with two kitchens, which make it an entertainer's dream, or turn on the money tap by renting the ADU.