Excellent family home with extra income potential in the heart of Santa Fe! This classic 1930s adobe has been thoughtfully updated for modern living while retaining its historic charm. The main residence features 3 bedrooms and 2 baths, including a fully renovated kitchen, updated electrical, and a newly built modern primary suite added as a second story in 2020 - a true private retreat perched above the traditional adobe footprint. Behind the main home sits a fully independent 1-bedroom, 1-bath casita with its own full kitchen, ideal for extended family living, a private guest house, or rental income opportunity. The layout of the property offers strong appeal for owner-occupants looking to offset expenses while living in a fantastic central location. It can also offer fantastic investment opportunities as a dual income rental for long-term tenants or vacation rentals. Central to everything and located just blocks from the thriving Railyard District, Historic Downtown Plaza, River Trail, Montanita Co-op, and Santa Fe’s vibrant shops and restaurants, this property is ideally positioned to offer a true Santa Fe lifestyle. Additional features include off-street parking, a fully fenced and gated property, and a generous yard with a newly built stone wall, offering the potential for a spectacular private garden space. Don't miss this unique opportunity to own a piece of Santa Fe history, updated for modern living in one of the city’s historic and desirable neighborhoods.