Charming 3 Bedroom | 1.5 Bath Cape Cod in the Heart of Downtown Craig - Packed with Personality & Income Potential on a Beautiful Tree Lined Street. This delightful Cape Cod-style home is brimming with curb appeal and offers timeless charm blended with modern updates-all in a walkable downtown location. Inside, you'll find a warm and inviting space with gleaming hardwood floors, abundant natural light, and a cozy gas fireplace that anchors the living area with charm and comfort. The custom galley kitchen features solid wood cabinets and plenty of storage-perfect for everyday living and entertaining. The dining area and living room flow seamlessly, with French doors leading to the backyard, creating an ideal space for gatherings and entertaining. The home includes 3 bedrooms (one non-conforming in the partially finished basement) and 1.5 baths (potential to add a shower in the basement for a 3/4 bath), providing flexible space for family or guests. Recent upgrades include a brand new energy efficient furnace, extra insulation throughout, that will help with heating and air conditioning bills for years to come! There is a split-level heat and AC unit in the finished bonus room off the oversized 2-car garage. The bonus room offers endless possibilities: home office, gym, hobby room, guest suite, mother-in-law unit or potential for a rental. There is additional income potential in the space above the garage to create a separate ADU with separate utilities-perfect for rental income or multi-generational living. Outside, enjoy an amazing fully fenced in backyard with privacy fencing, large concrete patio, and a gated alley entrance with a concrete pad for parking RVs, toys, or extra vehicles. The property also includes low-maintenance aluminum siding, a metal roof, a covered walkway to the garage, extra RV parking, sprinkler system, and a storage shed. You'll appreciate ample custom built-in storage throughout the home for added convenience. Craig, Colorado offers incredible hunting, fishing, camping, and outdoor recreation-making this home perfect for both full-time living and a great investment. This one truly has it all-location, character, comfort, and style-with flexible space and great potential for added value. Don't miss this opportunity!