Situated in a tightly held and often sought after area, this period residence, built around 1894, possesses enormous potential. Once inside you will appreciate the original architecture featuring pressed metal ceilings and pressed metal dado walls. There are two bedrooms including a large master with split system unit and new ensuite. The third bedroom has been extended into another living area with a large sun filled sitting room where you can enjoy the morning sun. A separate lounge room with gas log fire and another split system unit leads out to a cosy decking underneath a shady deciduous tree. A 1.5kW solar system has been installed to combat rising energy costs. The allotment is an impressive 2622m2 with more than enough scope to subdivide and develop the open rear yard (STCA). It currently contains a very large galvanised shed, a high pitched caravan carport and a mixture of mature fruit trees. With excellent opportunity for renovating and furthering refurbishments, plus with its exceptional location close to the ever popular Rail Trail and Beechworth historic town centre, this is undeniably a property for the most astute purchaser.