518 E Georgia Avenue, Gunnison City, CO, 81230
MLS #829111 | $825,000

About 518 E Georgia Avenue

Welcome to this historic Victorian gem set on a generous corner lot adjacent to the picturesque campus of Western Colorado University. Facing E. Georgia Avenue, the stately main residence showcases timeless architecture, classic proportions, and beautifully preserved woodwork throughout. The 4-bedroom Victorian home spans three levels and offers the flexibility to function as a spacious primary residence, while still reflecting its history as a well-maintained income-producing property with strong rental performance. The main home features inviting living spaces filled with natural light, high ceilings, and period details that create warmth and character. Outside, mature trees and an in-ground irrigation system enhance the landscaped yard, while an elevated deck with a finished, heated office or studio provides a private retreat separate from the home. At the rear of the property, a well-appointed duplex sits along the alley, offering additional living space with both upper and lower units. Recent exterior improvements, including new siding, windows, insulation, and roof add comfort and efficiency. With an attached one-car garage, ample off-street parking, and a highly desirable in-town location near campus, this property offers a rare combination of historic charm, versatility, and income potential. Whether you’re seeking a distinctive primary residence with supplemental income or a multi-unit investment, this unique Gunnison property delivers exceptional opportunity.

Listed by Bluebird Real Estate, LLC