What a fantastic investment opportunity! Located Downtown Camrose, this beautifully updated character home is loaded with potential. Special zoning here allows for both commercial and residential uses and the separation of this floorplan would allow you to do both! With the unique historical charm that many properties in the area are known for, the curb appeal is real thanks to a generous, partially fenced yard, garden space and single car garage. You'll notice a total facelift including shingles and a new rear deck (2020) along with new siding, fascia and soffit (2022). Inside, you're greeted by vinyl plank flooring, fresh paint and French doors that open to the main floor, 2 bedroom living space with large windows pouring light into every room. The stairs going up, including hallway and 2 more bedrooms have been recently covered with new carpet, with new flooring in the bathrooms and a new shower installed recently - there's even a kitchenette up here! Down in the unfinished basement you'll find plenty of storage, 2 more framed rooms with windows, a common laundry area, and a new hot water tank (2021). Cast iron pipes have been replaced with HDPE and electrical upgrades were done in 2003 - Putting your personal touches on this home is all that's left to do, just steps away from every amenity in the heart of Rose City!