$565,000
$599,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2,613 Sqft Lot
SOLD DATE : 10/12/2021
Key Details
Sold Price $565,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6279209
Sold Date 10/12/21
Style Chalet, Victorian
HOA Y/N No
Originating Board recolorado
Year Built 1875
Annual Tax Amount $1,648
Tax Year 2020
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Charming European chalet style 5 unit building in the heart of historic Georgetown. Walk to local bistros, unique shop, galleries, coffee shops, brew pubs & more. There are multiple hiking trails & parks just blocks from the building and Georgetown Lake is just down the road. Georgetown is all about the mountain lifestyle and is the perfect base camp for skiing, rafting, fishing, 4-wheeling, zip-lining and other mountain activities. The famous Loop Railroad is right up the road and is a wonderful family attraction. There are numerous historic mountain towns to explore in the county. Casinos & resorts are nearby and Georgetown is within one hour of seven world-class ski areas. It is only 40 minutes to the metro area and Loveland Ski area is only 15 minutes away. The building is well maintained and as many updates. It has very good rental history but the rents are rather low and could be increased significantly. Buy as an investment and maybe keep one unit for a mountain condo get-away! Current low rents: Studio $625, 1 bed $650, 1 bed $750, 1 bed $850, 2 bed is being updated and will likely be rented for $1400.
Location
State CO
County Clear Creek
Zoning Mixed, Comm, Res
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Roof Type Architecural Shingle, Composition
Garage No
Building
Lot Description Near Ski Area
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame, Stone
Others
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Special Listing Condition None
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