401 E Rose St E Georgetown, CO 80444

Located in the heart of the National Historic Landmark District in Georgetown, Colorado, the Teal Building presents a unique investment opportunity. Constructed in 1875, this property is situated two blocks from the main downtown intersection of Rose and 4th Street, near restaurants and boutique shops. The building offers over 3,000 square feet of space on a lot of 0.1148 acres. It is currently configured as three units, with two units combined to form a large duplex. The property can function as four units, each featuring two bedrooms and one bath. Recent improvements in 2022 include complete repointing and painting of the stucco exterior, along with an upgrade to the roof surface with a transferable 5-year warranty. The duplex features a new kitchen and bath, and the ground floor unit has a new bathroom. A large private deck and ample parking are available on both Rose and 4th Streets. Two units, including the duplex, will be conveyed vacant. The property benefits from extensive windows that provide an abundance of natural light. Located in Clear Creek County, Georgetown is approximately one hour from Denver and close to skiing areas in Summit, Eagle, and Grand County. The town is a growing tourist destination with year-round activities such as hiking, mountain biking, white water rafting, skiing, festivals, museums, and local tours. The property is suited for either investors or owner-users.