This home has it all! Sun-filled cottage on a lovely corner lot with a detached guest house, patio and garage! Brimming with old world charm and extensively updated for modern living, the main house offers 2 independent bedrooms, 2 full bathrooms, featuring tall ceilings, hardwood floors, and a classic claw foot tub. An efficient kitchen boasts custom cabinets, quartz countertops, and stainless steel appliances. The bonus room/home office offers a wall of windows, newly added French doors, and loads of natural light, and direct access to a lush side yard with a floral garden. In the rear, step out to a covered back patio, a mature orange tree, a newly bricked sidewalk along the Austerlitz side, and a 1-car garage. The guest house at 1120 Austerlitz offers a 1 bed/1 bath (included in living area) home with its own street access. This thoughtfully updated property offers peace of mind for buyers seeking a move-in-ready investment with income potential. Major infrastructure work is already done: brand-new sewer lines serve both the main house and cottage (2026), a new asphalt roof and gutters were installed on the main house (2023), and the guesthouse received new gutters (2023) with a roof replaced in 2021. The electrical system has been fully modernized with a 200-amp panel and a Level Tier 2 EV charger has been added for convenience. Solar panels added (owned) for an energy efficiency home. PEX water lines, updated data wiring round out the mechanical upgrades. Insulation was added to the attic and rear exterior wall, siding has been repaired and replaced where needed, and a new washer and dryer. Architectural plans for a single-story rear addition are drawn and available for the new owner. Prime location between the St. Charles Streetcar line and Magazine Street shopping and dining. X flood zone. Don't miss out on this outstanding property!