35 Butcher Knife Alley presents a rare opportunity in one of downtown Steamboat's most sought-after neighborhoods. Tucked away on a quiet, secluded street with no through traffic, this extensively updated property offers exceptional versatility with a true top-down duplex layout featuring separate entrances for both living spaces. Just blocks from schools, shopping, dining, and the hot springs, the location combines convenience with privacy and neighborhood charm. The upper level lives like a full residence with three bedrooms, two bathrooms, a beautifully updated kitchen, laundry, and multiple outdoor living areas. One of the bedrooms features its own private walkout to the deck, creating excellent flexibility for a home office, guest room, workout space, or additional living area. The lower level includes a separate two-bedroom, one-bath living space with its own entrance, while the downstairs foyer with dual access doors adds additional flexibility for storage, separation, or shared use. The home has been meticulously renovated throughout with brand new siding, windows, roof, appliances, updated kitchens and bathrooms, and new LVP flooring throughout. Outside, enjoy three decks, a fenced yard, and a storage shed, all contributing to the property's functionality and livability. Opportunities like this in downtown Steamboat are increasingly difficult to find, especially at this price point. Priced to sell and ready for its next owner.