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$725,000

Est. payment - /mo

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2,912 SqFt

New

200 S Carr AVE Lafayette, CO 80026

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Megan Denham

megan@homelime.com +1(720) 280-4332

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,912 sqft

Price per Sqft $248

Subdivision Lafayette Villa West

MLS Listing ID IR1043405

HOA Y/N No

Year Built 1974

Annual Tax Amount $3,302

Tax Year 2024

Lot Size 7,673 Sqft

Acres 0.18

Property Sub-Type Duplex

Source recolorado

Property Description

Positioned on the edge of sought-after Old Town Lafayette, this spacious duplex presents an exceptional investment opportunity with proven performance and future upside. Offering six bedrooms and four baths across two generous units, this property has maintained full occupancy for over five years and currently operates at a strong 6.8% cap rate. Each unit lives like a single-family home with three bedrooms, 1.5 baths, large kitchens and living rooms, in-unit laundry, private decks and yards, plus a one-car garage and ample parking. Residents enjoy privacy with no neighbors behind, while being just blocks from Old Town Lafayette, the library, rec center, Lafayette Elementary and bus lines. Walk score is an amazing 78!!! Recent updates include a new roof in 2020 and upgraded appliances in unit 200, while unit 202 features a cozy wood-burning fireplace. Professionally managed and tenant-paid utilities create ease of ownership. Baseline redevelopment will add a huge boost to desirability and value. Buy and hold for instant cash-flow and stability or remodel, condo convert and sell off individually for instant profit. Both units currently tenant occupied, 24 hour notice for showings.

Location

State CO

County Boulder

Zoning RES

Rooms

Basement Daylight, Full

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Cooling Air Conditioning-Room

Fireplaces Number 1

Fireplaces Type Other

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Fence Fenced

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Lafayette

Middle Schools Angevine

High Schools Centaurus

School District Boulder Valley Re 2

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by milehimodern - Boulder

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Megan Denham

Broker Associate | License ID: 100077244

+1(720) 280-4332

200 S Carr AVE Lafayette, CO 80026

Megan Denham

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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200 S Carr AVE