Enjoy unlimited potential with this quaint property located in the heart of Gunnison. Situated on an oversized lot near the Western Colorado University campus, and only three blocks from Main Street, this three bedroom home offers in-town living at its finest. The home has seen multiple updates, including an addition that added the third bedroom and bathroom, previously used as a professional office space. With a separate entrance, this space could continue as a commercial space, or could be rented as a one bedroom, one bath apartment to bring in extra income. The original home consists of two bedrooms, two full baths, a spacious living room with large windows and a woodburning stove, a nicely appointed kitchen with room for bar seating at the peninsula, and a laundry room. The front yard is surrounded by mature trees and is fully fenced. The back yard offers a new brick patio, an abundance of off-street parking accessed off the alley, and two detached buildings- one of which has been used as a 1-car garage in the past. And there is plenty of room to add a second building on the property, possibly a new garage with apartment above. The original home and detached out-buildings received new metal roofs only three years ago. And a new sewer line and affiliated plumbing has recently been installed. With a fantastic location, a great layout, modern improvements, and tons of character, this home will not last long. Contact us today for more information and to take a tour!