Opportunities like this in Downtown Gunnison are few and far between. Located at 709 W. New York Avenue, this unique property offers three separate units and a wide range of possibilities for both investors and locals looking to offset ownership with income. The front home, originally built in the late 1800s, carries historic character and presents a compelling opportunity for renovation, redevelopment, or continued use as a rental. Behind it, two newly constructed units (completed in 2024) bring a modern contrast with thoughtful design and functionality. Unit 2 features two bedrooms and one bathroom, with private balconies off each bedroom and the kitchen, perfect for enjoying Gunnison’s fresh air or grilling year-round. A heated two-car garage adds convenience, along with laundry and additional storage. Unit 3 offers a larger footprint with three bedrooms and two bathrooms, a spacious main living area, and an expansive covered deck. Each bedroom upstairs includes its own vanity and access to outdoor space, creating a comfortable and private setup. The layout is flexible, with a lower-level bedroom and bath ideal for a home office or separate living space. The large, heated two car garage with additional laundry and storage is a huge bonus. With no HOA and a central in-town location, this property offers flexibility, income potential, and long-term upside in the heart of Gunnison.