I have a circa 1998 - 2006 department 56 steam loco, can it be converted to DCC?

Hoping someone can tell me if it's a hopeless case or does it have a chance to make back on the track.

I'm a rookie, so please, take it easy on me 😎

A little history: I had this under the tree in the early 2000s when the guys were young, I now, have a grandchild and looking to step it up a bit with DCC and all that comes with it; steam, sound, lighting, more.

Appreciate your time...

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