Charming updated traditional ranch with income-producing guest house, ideally situated across from Capshaw Elementary in the heart of Cookeville! Enjoy a revitalized interior with new paint, original hardwood charm, tile baths, and plush carpeting. The spacious family room features a cozy gas log fireplace and is versatile enough to serve as an additional bedroom. Boasting a modern kitchen fully equipped with a stove, microwave, dishwasher, side-by-side refrigerator, and disposal. The master suite features brand-new fixtures and a custom shower. A lovely manicured lot with a "welcome home" curb appeal and a covered 2-car carport. Located behind the main home is a separate 1-bedroom residence. Currently rented at $650/month, this 1 bedroom unit offers a fantastic opportunity for immediate rental income, a private guest house, or mother-in-law quarters. This unique property is a premier investment opportunity in a location that is truly near everything!