Location, location! Welcome to this truly one-of-a-kind updated Charming bungalow--complete with a highly sought-after Accessory Dwelling Unit (ADU)--nestled in the tree-lined and historic community of Colonialtown South. Located at 1642 Hillcrest St, just East of Downtown and part of the City of Orlando's Historic Preservation District, this Registered Historic Home boasts classic brick-lined roads and charming curb appeal. The street features sidewalks offering excellent walkability, putting you just moments from Lake Eola Park, Eola Heights, Thornton Park, the Central Business District, and the Milk District. Enjoy the unparalleled convenience of being within walking distance to Publix, the YMCA, Colonial Plaza, a great school district, and vibrant local restaurants and nightlife. ***************************************************************************************************************** Step inside to a welcoming, spacious floorplan. The main home features 3 bedrooms and 2 full bathrooms, offering a fantastic layout for both entertaining and everyday life. A generous living room flows seamlessly through the central dining area and kitchen, leading to a large, inviting family room. For added privacy, the primary suite is secluded at the rear of the home, separate from the two guest bedrooms. With a separate entrance, the versatile ADU provides the ultimate flexibility for guests, in-laws, or a home business. The main house is Florida-ready with a storm door and hurricane shutters, while the backyard is a blank canvas awaiting your dream pool, outdoor kitchen, or garden. The flexible O-1/T/HP zoning offers incredible potential and unique possibilities for the next owner. Major 2012 updates, including a new roof, HVAC, and a replaced gas line, alongside a complete suite of 2012 appliances (including a Gas stove, Gas dryer, and Gas water heater).