Situated on a spacious .394-acre corner lot in the heart of Crandall, 404 S 4th Street offers a rare opportunity for multigenerational living or income-producing potential. This beautifully updated single-story home features 3 bedrooms, 2 bathrooms, and approximately 1,951 square feet of inviting living space with luxury vinyl plank and ceramic tile flooring throughout. The main residence is approximately 80% renovated and showcases new windows, new siding with added insulation, updated flooring, and a refreshed kitchen complete with granite countertops, farmhouse sink, new cabinetry, floating shelves, and pantry. The primary suite includes an ensuite bath, while the secondary bath features upgraded finishes and shower body sprays. In addition to the main home, the property includes an approximately 800-square-foot guest house with its own separate address and utility meters—featuring 2 bedrooms, 1 bath, living area, kitchen, and laundry—ideal for rental income, extended family, or private guest quarters. A detached workshop with plumbing offers endless possibilities for a future office, studio, or additional living space, and the attached carport accommodates up to four vehicles. With no known restrictions, city utilities, and a prime location within walking distance to schools, dining, shopping, parks, and city amenities, this versatile property combines comfort, flexibility, and exceptional investment potential all in one. Schedule a showing today!