Opportunity knocks in the heart of Cottonwood! Close to the vibrant restaurants, tasting rooms, & boutique shops in Old Town Cottonwood, this updated home offers both charm & versatility. Set on a lush irrigated lot w/ rights from the Cottonwood Ditch Assn, the property is currently an active rental & includes a 5th wheel & furnishings at no add'l cost—ideal for immediate income or guest use. Zoned R-3, offering incredible potential w/ ability to build an additional Accessory Dwelling Unit (ADU) (buyer to verify), perfect for multigenerational living or increasing rental revenue. Enjoy a serene setting w/mature fruit trees, a greenhouse, & a 2-car carport w/storage. 2-RV parking hook-ups, 1 with 50 amp, the other with 30 amp. Will need gate to complete perimeter fencing. 2 Elec F/Ps. Must-see local gems: Dead Horse Ranch State Park, the Verde River, & the historic charm of nearby Jerome & Sedona. Whether you're an investor, homeowner, or weekend warrior, this property is your gateway to the best of the Verde Valley! Fronts Irrigation Canal. The unique set up for this property allows use on one side as a 2BR/1BA with living room, full kitchen and separate patio & entrance. The other side is divided by a shared laundry area with stacked washer and dryer. This side can be used as a 1Br/1Ba with separate kitchenette and separate entrance. It's a truly turnkey opportunity.