401 Rose St new

Georgetown,CO 80444

$ 1275000

7 Beds

4 Baths

3060 SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

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

Year Built 1875

Annual Tax Amount $1,575

Lot Size 4,791 Sqft

Property Sub-Type Income Property

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

Area Suburban Mountains

Zoning Multi family

Interior

Heating Hot Water,Baseboard

Exterior

Garage Spaces 8.0

Utilities Available Electricity Available

View Mountain(s),Foothills View

Roof Type Other

Building

Lot Description Level,Historic District

Story 2

Sewer City Sewer,Public Sewer

Water City Water

Structure Type Stucco,Concrete

New Construction false

Schools

Elementary Schools Georgetown Community School

Middle Schools Clear Creek

High Schools Clear Creek

School District Clear Creek Re-1

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