Discover this beautifully restored 1910 Craftsman in the heart of Downtown Monroe, where historic charm meets modern versatility. Offering 2,640 sq. ft., this character-filled home showcases original hardwood floors, new windows, two cozy fireplaces, fresh interior paint, new carpet, updated bathrooms, and a bright, functional kitchen. The finished basement provides exceptional flexibility with a spacious rec room, full bath, and additional rooms ideal for bedrooms, a home office, gym, or hobby space. Outside, enjoy a large, fully fenced yard perfect for entertaining, pets, or gardening. A standout feature is the newer detached 529 sq. ft. ADU, built within the last six years, creating outstanding opportunities for multi-generational living, a private guest house, or investment income. The main home has a projected rental rate of approximately $3,500 per month, while the ADU offers an estimated $1,575 per month, for a combined potential income of $5,075 monthly. Whether you're searching for a primary residence with supplemental income, a multi-generational property, or a strong investment opportunity in one of Monroe's most desirable neighborhoods, this move-in-ready home delivers timeless character, modern updates, and exceptional income potential.