Charming and full of potential, this historic blue cottage offers a unique opportunity in a highly desirable location. The main residence features approximately 1,327 square feet with 2 spacious bedrooms and 2 full bathrooms, exuding a warm and inviting atmosphere that feels like home from the moment you step inside. Behind the main house, you'll find a versatile guest studio -680 sq ft- complete with a full kitchen, bathroom with a stand-up shower (no sink), laundry area, soaring ceilings, and a loft space perfect for storage or a bed. The studio has alley access and is currently privately fenced in to access through alley only. A one stall garage provides parking or additional storage. This property is currently a successful short-term rental, financial records available upon request. Whether you're looking for an income-producing investment, a live/work setup, multi-generational living, or simply a peaceful home with guest accommodations, this property delivers. A/C-Furnace replaced 4/26 in main house, main house foundation leveled 6/25. Option to purchase fully furnished available. Outside, lush landscaping and a mature pecan tree offer privacy and welcome shade, creating a serene backyard retreat. So many possibilities await with this one-of-a-kind property!