$299,000

This is a truly remarkable opportunity to own a landmark property in one of Eureka's finest historic neighborhoods. This stately Italianate building once housed Humboldt County's first hospital and sits across from the lush gardens of the beautiful Zanone Mansion and is also next door to the grand Monroe House. The property is comprised of two buildings on one lot. The Magnolia House which fronts G St. is 5280 sf. and the Cottage at the back of the lot is 1260 sf. Its location is ideal as it is central to the very best of Eureka. One can easily walk down G street to Historic Old Town and the harbor or in the other direction to the Henderson center. Just one block away is one of Humboldt's best-loved restaurants, Brick & Fire. The property is also just a few minutes drive to Costco and just a few minutes more to a multitude of dining and shopping options. The Magnolia House is built entirely of old growth redwood. Plans have been created for six fantastic units. It has maintained interior period details that will add to the apartments charm. There is a beautiful set of functioning pocket doors, the original grand staircase, all of the interior doors are original and some still have vintage door hardware. One original fireplace mantel and a clawfoot tub remain. All floors are original wide plank redwood and remain throughout. The ceilings in the Magnolia House are 12 feet high on the main level and 9 foot high upstairs. A new roof and gutters were installed on both structures in 2021, and Simpson brackets were installed attaching roof rafters to walls per structural engineer's specification. Most of the lath, plaster and drywall has been removed so that it is open and ready to receive all new electrical, plumbing, and HVAC. What remains of any interior finishes or systems is not useable. The new owner will be required by the city to install a completely new sewer connection. Seller will not pay for scoping, any part of the sewer work or any other inspections, repairs, removals or improvements. This is an AS IS sale that has been priced accordingly.