$750,000
$200K PRICE DROP

504 6th St Georgetown, CO 80444

Estimated payment $4,556/month

Total Views 40,358
-- Bed
4 Baths
2,600 Sq Ft
$288 Price per Sq Ft

Highlights

  • No HOA
  • Balcony
  • Forced Air Heating System
  • Covered patio or porch
  • Studio bedroom
  • 4-minute walk to City Park

About This Home

Welcome to Historic 6th Street, the heart of Downtown Georgetown! This Multi Family, Commercial, Fourplex offers a rare opportunity to own a piece of Downtown Georgetown's Commercial District and Main Strip. The iconic Cushman Bank Building, circa 1869, is nestled within Georgetown’s most bustling block. Boasting a prime location, this property features two active Commercial units on the first floor, currently occupied by an operating bar and a thriving retail store. Upstairs, two charming one-bedroom Residential units provide a cozy retreat with historic charm. Tall ceilings throughout the entire building gives each unit a spacious and open feel. Whether you're seeking a live/work situation or a savvy investment opportunity, this property delivers. With all units leased you'll have supplementary income to help offset mortgage payments or have the option to start your own business's when the current leases are up. All four of the units are separately metered for convenience and flexibility. Three off-street parking spots with alley access ensures hassle-free parking for owners and tenants alike. Experience the allure of Historic Georgetown while reaping the rewards of a smart investment. Think outside the box with potential for Bed and Breakfast, Hostel, STR, Cocktail Bar, Retail Storefront, Coffee, Office, Gallery, Restaurant, Wine Room, the possibilities are endless! Don't miss your chance to own this remarkable historic property in Downtown Georgetown Colorado!

Listing Agent

Shane Henry

303 Property Brokerage Email: shane@303property.com,303-522-8226 License #100051244 Listed on: 06/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,958

Year Built

  • Built in 1869

Lot Details

  • Two or More Common Walls

Parking

  • 3 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • Studio bedroom
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Georgetown Community Elementary School
  • Clear Creek Middle School
  • Clear Creek High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Georgetown Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 1959-172-16-204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,958

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1869
  • Above Grade Finished Sq Ft: 2600
  • Exclusions: n/a
  • Living Area: 2600
  • SubdivisionName: Georgetown
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: shane@303property.com,303-522-8226
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No

Exterior Features

  • Roof: Membrane
  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Patio and Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Clear Creek

Lot Info

  • Parcel Number: 1959-172-16-204
  • Building Area Total: 2600

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Internet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4958

MLS Schools

  • Elementary School: Georgetown Community School
  • High School: Clear Creek

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,974 $64,050 $1,400 $62,650
2023 $4,958 $64,050 $1,470 $62,580
2022 $6,694 $85,830 $1,520 $84,310
2021 $6,554 $86,780 $1,540 $85,240
2020 $4,068 $56,440 $1,540 $54,900
2019 $4,060 $56,440 $1,540 $54,900
2018 $2,903 $42,060 $1,540 $40,520
2017 $3,015 $42,060 $1,540 $40,520
2016 $2,166 $30,210 $1,570 $28,640
2015 -- $30,210 $1,570 $28,640
2014 -- $31,700 $1,570 $30,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Price Changed $750,000 -6.3% $288 / Sq Ft
12/17/2024 12/17/24 Price Changed $800,000 -5.9% $308 / Sq Ft
07/31/2024 07/31/24 Price Changed $850,000 -10.5% $327 / Sq Ft
06/18/2024 06/18/24 For Sale $950,000 -- $365 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 Chicago Title
Quit Claim Deed -- None Available
Warranty Deed $350,000 Chicago Title Co
Warranty Deed $265,000 Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,500 Commercial
Previous Owner $309,887 Commercial
Previous Owner $332,500 Commercial
Previous Owner $75,000 Commercial
Previous Owner $25,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $60,000 Commercial
Source: Public Records

Source: REcolorado®

MLS Number: 7861113

REcolorado®

APN: 1959-172-16-204