A rare opportunity in the heart of Severance! Situated on a corner lot with no HOA, no metro district and flexible Town Core zoning, 201 E 4th Street offers a unique combination of historic character, thoughtful updates and an exceptional 1, 440-square-foot detached Shop/Garage.This 3-bedroom, 2-bath home offers 1, 670 finished square feet, featuring two main-floor bedrooms, main-floor laundry and an upstairs bedroom with additional loft/flex space. Outfitted with central air, heat, and A/C. Inside, the living room immediately stands out with its exposed high-gloss wood ceiling, exposed beams and custom stone wood-burning fireplace with stone hearth. Large windows bring in abundant natural light, while durable porcelain tile flooring flows through much of the main level.The updated eat-in kitchen features stainless steel appliances, farmhouse sink, updated lighting and great functionality. Both bathrooms have been refreshed with updated tile, fixtures and finishes, including a full primary bath with subway tile, dual shower heads and a distinctive wood accent wall.The true centerpiece of the property is the oversized, 1, 440-square-foot detached shop and garage with room for approximately six or more vehicles, commercial LED lighting, 35 standard electrical outlets, two 220V outlets and extensive workspace and storage, this space is ideal for car enthusiasts, woodworking, fabrication, recreational vehicles, hobbies or a potential home-business. RV access and parking add even more versatility. Outside, enjoy a fenced yard, patio, sprinkler system, level lot and driveway, plus an exterior that was painted in 2022. Located with convenient access to Windsor, Fort Collins and I-25, this property offers a combination that is increasingly difficult to find: a great home, large shop space, flexible zoning and no HOA/Metro District. Whether you need room for vehicles, equipment, hobbies, storage or a workspace of your own, 201 E 4th Street delivers exceptional versatility.