Extensively updated and remodeled home! Check out this amazing combined home and investment opportunity wrapped up into one affordable package right in downtown Colfax with close proximity to Rollins lake, the Bear and American rivers, and less than an hour to snow skiing. First-time home buyer? This is for you. Pick which unit you want to live in and rent the other unit(s) to help cover your payment. Investor? This is the perfect place for multiple income sources in one. The 1,118 SF 2bd/1ba primary home includes an office, updated bath, inside laundry area, pantry/storage area, and a beautifully redone kitchen with cement counter tops, quality appliances, recessed lighting, and a gorgeous stainless steel farmhouse style sink. The family room is light and bright with east and south facing windows to bring in the light. The flooring is a classy wood grained tile throughout the main areas and luxury vinyl plank in the bedrooms. The walls feature attractive imperfect smooth texture to complement the modern updated feel. One bedroom features a walk-in closet and the other has a wide closet with nice mirrored sliding doors. Between the kitchen and the back door is an inside laundry area and adjacent storage/pantry. The large yard features gardening boxes and lots of room for more gardening or other outdoor enjoyment. At the back of the lot, with alley way access, there is a garage with a 432 SF studio apartment above, with it's own staircase access. In the garage there is a full bathroom and a separate sink and counter area. The apartment above features a full bath, separate sink and counter area, cabinets, and a loft above with fixed stairs for easy access. Whether you are looking for a great place to live, an investment property, or both, you will want to come see this place for yourself. It's definitely a gem, and with a little more polish, it could be your diamond!