518 East Georgia Avenue
518 East Georgia Avenue
Gunnison, CO 81230
$950,000
Price
6
Beds
5
Baths
3,841 Sq. Ft.
$247 / Sq. Ft.
3,841
Sq. Ft.
$247
per Sq. Ft.
Description
Welcome to this historic Victorian gem nestled on a generous corner lot adjacent to the picturesque campus of Western Colorado University. This stately residence, proudly facing E Georgia Avenue, is a quintessential Gunnison Victorian, showcasing its timeless elegance and remarkable architecture. Well cared for, it has served as a successful multi-family rental property, boasting a strong rental history and remarkable tenant retention. Spanning three distinct levels, the main house features three...Welcome to this historic Victorian gem nestled on a generous corner lot adjacent to the picturesque campus of Western Colorado University. This stately residence, proudly facing E Georgia Avenue, is a quintessential Gunnison Victorian, showcasing its timeless elegance and remarkable architecture. Well cared for, it has served as a successful multi-family rental property, boasting a strong rental history and remarkable tenant retention. Spanning three distinct levels, the main house features three individual units, each offering a unique living experience. Should you desire, this property can effortlessly transition into a magnificent primary residence. Outside, you'll find the beauty of mature trees shading the landscape, complemented by an efficient in-ground irrigation system to maintain its lush allure. An elevated deck, complete with finished and heated office or studio space, stands separate from the main house, offering a serene retreat for work or leisure. Convenience and functionality are at the forefront with an attached one-car garage, providing direct access to the main floor one-bedroom residence. This unit showcases a spacious kitchen, inviting living room, and a comfortable primary bedroom, all graced by high ceilings and historic custom woodwork that exude character and charm. A shared entryway and staircase beckons you to explore further, leading to the second-floor two-bedroom unit, followed by a third-floor one-bedroom rental unit. This diversified layout caters to a variety of rental options, making it a versatile investment opportunity. Adjacent to the alley and bordering Western’s campus housing, you'll discover a duplex, offering top and bottom units, along with an attached storage shed and basement access. The exterior of the duplex has been enhanced with new siding and insulation, ensuring year-round comfort. Ample off street parking and storage sheds to provide for the five separate units. This distinguished property stands as a testament to exquisite craftsmanship, featuring handcrafted woodwork and large windows that flood each unit with natural light. The unbeatable location, coupled with in-town living and proximity to the campus, makes it an exceptional investment opportunity in Gunnison. For those seeking more in-depth information, detailed apartment layouts, and financial insights, please do not hesitate to reach out. Experience the charm and grace of this historic Victorian home, where modern living meets timeless elegance.
- Listed by Brian Cooper • Bluebird Real Estate, LLC
Property Details for 518 East Georgia Avenue
Water Front
No
ZoningResidential, Residential Multi Family
Subdv NameBoutcher's Addition
Location
Listing Courtesy of Bluebird Real Estate, LLC, Brian Cooper
Add your commute
LISTING UPDATED: 04/10/2024 03:36 PM
Property Details for 518 East Georgia Avenue
| Status | Active |
|---|---|
| MLS # | 804738 |
| Days on Market | 320 |
| Taxes | $2,832 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | MULTIFAMILY / Fiveplex |
| Year Built | 1888 |
| Lot Size | 0.24 AC / 10,454 SF |
| County | Gunnison County |
Location
Listing Courtesy of Bluebird Real Estate, LLC, Brian Cooper
Add your commute
Building Information for 518 East Georgia Avenue
Stories5Residences5Year Built1888Building Size-Lot Size0.24 AC / 10,454 SF
Payment Calculator
$5,421 per month
30 year fixed, 7.25% Interest
Principal and Interest
$5,185
Property Taxes
$236
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 518 East Georgia Avenue
Summary
Location and General Information
- Directions: See map.
- Access: Year Round
Owner
- Owner Name: Bauer
Parking
- Carport Y/N: No
- Garage Type: Attached Garage
- Garage Capacity: 1
- Garage Y/N: Yes
- Parking Spaces: 8
- PARKING: 2-10 Total Spaces, Gravel, Off Street, On Street, Paved
School Information
- Elementary School: Gunnison 1-5
- Middle School: Gunnison 6-8
- High School: Gunnison High 9-12
Taxes and HOA Information
- Tax Account ID: R001892
- HOA Y/N: No
- Tax Year: 2022
- Total Taxes $: 2832
Property
Property and Assessments
- FIPS Code: 08051
- Legal/Lot Block: LOTS 12-14, BLOCK 39, BOUTCHER'S ADDITION TO GUNNISON
- Photo Count: 35
- New Construction Y/N: No
- Disclosures: Lead Base Paint, Pets Allowed, Seller's Prop Disclosure
- Covenants Y/N: NO
- Board Name: Gunnison-Crested Butte Association of REALTORS
Lot Information
- Special Assemnt Y/N: No
- Water Rights/Irrigation: No
- Lot Size/Acerage: Less than 1/2
- Parcel ID #: 3.70136407004E11
- Property Description: Corner
Green Features
- Green Certification Y/N: No
- HERS Rated Y/N: No
- Energy Star Qualified Y/N: No
- LEED for Homes Y/N: No
- NAHB/NGBS-ICC 700 Y/N: No
Utilities
- Total # Water Meters: 1
- Total # Gas Meters: 3
- Total # Electric Meters: 5
- Fireplace Type/Location: Den/Family Room, Non functional
- Domestic Water/Sewer: City Sewer, City Water
- Metered: Metered for Electricity, Metered for Gas, Metered for Water
- Water Well: No
Multi Family
Multi-Family Information
- # of Units: 5
- Residence Stories: Finished Attic, Three Story, Two Story
Income & Expenses Information
- Vacancy Factor Prcnt: .00%
Unit 1 Information
- Unit 1 # Bedrooms: 1
- Unit 1 # Baths: 1
- Unit 1 Monthly Rent$: 1200
Unit 2 Information
- Unit 2 # Bedrooms: 2
- Unit 2 # Baths: 1
- Unit 2 Monthly Rent$: 1000
Unit 3 Information
- Unit 3 # Bedrooms: 1
- Unit 3 # Baths: 1
- Unit 3 Monthly Rent$: 850
Unit 4 Information
- Unit 4 # Bedrooms: 1
- Unit 4 # Baths: 1
- Unit 4 Monthly Rent$: 1000
Unit 5 Information
- Unit 5 # Bedrooms: 1
- Unit 5 # Baths: 1
- Unit 5 Monthly Rent$: 1000
Interior and Exterior Features
Room Information
- 1/2 Baths: 0
- 3/4 Baths: 1
- 1/4 Baths: 0
- Total Baths: 5.00
- Dining: Breakfast Nook, Eat-in Kitchen
- Total Office/Den(s): 0
Interior Features
- Furnished: Unfurnished
- Florring: Carpet, Linoleum, Wood
- Foundation/ Basement: Basement-below grade, Basement-unfinished
- Appliance Inclusions: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range/Oven, Refrigerator, Washer
- Interior Inclusion: Ceiling Fan(s), W/D Hookup, Window Coverings
Exterior Features
- Horse Setup: No
- Residence Style: Victorian
- Roof: Metal
- Exterior Inclusions: Deck, Fence, Landscaped, Lawn Sprinklers, Shed/Storage
- Fence: Privacy
- Siding: Other, Wood
Property History for 518 East Georgia Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 518 East Georgia Avenue
This home is within Gunnison Watershed Re1j School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Charter - | K to 10 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Gunnison Elementary School PublicPK to 5 | ||
Marble Charter School CharterK to 10 | ||
Gunnison Middle School Public6 to 8 | ||
Crested Butte Community School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Bluebird Real Estate, LLC, Brian Cooper
All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 06/14/2023 06:00 PM through 04/29/2024 02:52 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/10/2024 03:36 PM
