Minutes from the heart of Downtown, this exceptional property blends modern upgrades, thoughtful design, & unique income potential. Step inside to a welcoming living room adorned with a tray ceiling, & a calming, designer color palette complemented by durable, easy-to-maintain flooring. The main level flows seamlessly into a full-size bathroom & a completely remodeled kitchen. Bold blue cabinetry pairs beautifully with crisp white tile & shiplap accents, creating a clean yet dynamic aesthetic. A large island with storage & seating anchors the space, while a spacious walk-in pantry with heated floors adds both luxury & functionality. Just beyond, the versatile laundry area features washer & dryer & an entire wall of storage cabinets. Heated flooring continues here, along with a custom metal door leading to the private backyard. The main level also includes a generously sized bedroom, currently used as a gym, offers great flexibility thanks to its dual entrances. Upstairs, you'll find a serene primary bedroom with a private ¾ bath, along with two additional bedrooms; all showcasing charming angled ceilings & original hardwood floors. The stunning courtyard leads to a dream 1000 sqft garage/workshop. This incredible space boasts 10'8" ceilings, two 10x10 sliding doors, a 6-inch concrete floor, five 220V outlets, & its own half bathroom. Above the workshop sits a furnished one-bedroom apartment; perfect for multigenerational living or to continue the 30K-50K a year proven rental income. With private alley access & no windows facing the main home, privacy is ensured. Inside, soaring beamed ceilings, hardwood floors, & an open layout create an inviting atmosphere. The kitchen wraps around a central breakfast bar island, ideal for guests, while strategically placed windows frame breathtaking views of Pikes Peak. The apartment also includes a spacious bedroom & a large 4-pc bathroom with washer/dryer. All of this is located a 1/4 mile from Memorial Park & 5 minutes to I-25.