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Georgetown,CO 80444
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $416
Subdivision Georgetown Village
MLS Listing ID 5270150
Style Victorian
Bedrooms 7
HOA Y/N No
Abv Grd Liv Area 3,060
Year Built 1875
Annual Tax Amount $1,575
Tax Year 2024
Lot Size 5,000 Sqft
Acres 0.11
Property Sub-Type Triplex
Source recolorado
Property Description
Unique and extremely rare opportunity in the charming Downtown of Georgetown, CO. For the first time in over three decades, the Teal Building, one of the picturesque buildings situated in the heart of the National Historic Landmark District, is being offered for sale. Built in 1875; 2 blocks from the main downtown intersection of Rose and 4th Street and near this quaint mountain town's most frequented restaurants and boutique shops. At over 3,000 sq. ft., the Teal Building is perfectly situated as a private residence plus rentals, providing an ideal opportunity for an owner-occupant or investor. as four units, each two bedrooms and one bath. Currently in-use as three units, with two combined into a large ‘owner's quarters' duplex or extra-large rental. New kitchen and bath in duplex; new bathroom in ground floor unit. 2022 improvements include complete repointing of stucco exterior and painting, and upgrade to roof surface with transferable 5-year warranty. Large private deck with additional outdoor space and ample parking on both Rose and 4th Streets. Two units, including the duplex, to be conveyed vacant to maximize the options for new owners. Extensive windows front and back with an abundance of natural light through the day. Real estate in Clear Creek County has boomed in recent years, and rentals are increasingly hard to find. The picturesque Rocky Mountain town is just over an hour from Denver and minutes to world class skiing in Summit, Eagle or Grand County. Georgetown continues to grow as a tourist destination for those headed to/from the high country or looking for a quick escape from the city. A multitude of activities year-round from hiking, mountain biking, white water rafting, skiing, festivals, museums, and local tours. This property offers a tremendous upside opportunity for either Investors or Owner/Users.
Location
State CO
County Clear Creek
Zoning Multi family
Rooms
Basement Crawl Space
Interior
Heating Baseboard,Hot Water
Cooling None
Fireplace N
Exterior
Exterior Feature Fire Pit,Garden,Private Yard
Utilities Available Electricity Connected,Natural Gas Connected,Phone Available
View Mountain(s),Valley
Roof Type Other
Total Parking Spaces 8
Garage No
Building
Lot Description Historical District,Level,Near Ski Area
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Concrete,Stucco
Schools
Elementary Schools Georgetown Community School
Middle Schools Clear Creek
High Schools Clear Creek
School District Clear Creek Re-1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None