Homes for sale - 200 S Carr Ave, Lafayette, CO 80026

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Chad Patterson

realestate@chadpatterson.com +1(970) 518-5462

$ 725,000

Est. payment | -/mo

6 Beds

4 Baths

7,840 Sqft Lot

Save

$ 725,000

Est. payment | -/mo

Save

6 Beds

4 Baths

7,840 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Lafayette Villa West

MLS Listing ID 1043405

Style Ranch

Bedrooms 6

HOA Y/N false

Year Built 1974

Annual Tax Amount $3,302

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Income Property

Source IRES MLS

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

Area Lafayette

Zoning RES

Direction From S. Public in Old Town, head West on W. Emma Street. Turn right on S. Carr Avenue. Property is on the right side of the street

Rooms

Basement Full, Partially Finished, Daylight

Interior

Interior Features High Speed Internet, Eat-in Kitchen

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplaces Type Masonry, Single Fireplace

Fireplace true

Window Features Window Coverings,Double Pane Windows

Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Laundry Washer/Dryer Hookups

Exterior

Exterior Feature Lighting

Fence Fenced, Wood, Chain Link

Utilities Available Natural Gas Available, Electricity Available, Cable Available

Roof Type Composition

Street Surface Paved,Asphalt

Porch Deck

Building

Lot Description Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Within City Limits

Faces West

Story 1

Foundation Slab

Sewer City Sewer

Water City Water, City

Level or Stories One

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Lafayette

Middle Schools Angevine

High Schools Centaurus

School District Boulder Valley Dist Re2

Others

Senior Community false

Tax ID R0020821

SqFt Source Assessor

Special Listing Condition Private Owner, Licensed Owner

Information and Real Estate Services (IRES)

Listed by Rachel Weinberg • milehimodern - Boulder • 3039061392

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(970) 518-5462

realestate@chadpatterson.com

201 Coffman Street # 1902, Longmont, Colorado, 80502, United States

200 S Carr Ave Lafayette, CO 80026