NOT LISTED FOR SALE

200 S Carr Ave Lafayette, CO 80026

6 Beds
4 Baths
2,912 Sq Ft
7,673 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $590,000 $203 Per Sq Ft

12 Days on Market

Highlights

  • Deck
  • No HOA
  • Brick Veneer
  • Lafayette Elementary School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Romero Park

About This Home

As of January 2020

Rare opportunity to buy a duplex in Lafayette with a very good rental history and nearly 100% occupancy rate. Interior pictures are of unit 200, which has had recent updating of new carpet & new appliances. Wood burning fireplace in unit 202. Bedrooms are in the lower level of units. Backs to Lafayette Elementary School. Close to grocery stores, restaurants, bus, & Old town Lafayette. Unit 200 has a lease to May 31, 2020, unit 202 on month to month. Tenants would like to stay in both units. Does need some updating, but excellent rental history and increased rent potential with little to no additional improvements. Very good cash on cash return on investment.

Last Agent to Sell the Property

Eric Edwards

RE/MAX Alliance-Lsvl Listed on: 12/05/2019

RE/MAX Alliance-Lsvl

Last Buyer's Agent

Rachel Weinberg

milehimodern - Boulder

milehimodern - Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 1974

Lot Details

  • 7,673 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Lafayette Elementary School
  • Angevine Middle School
  • Centaurus High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0020821

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lafayette Villa West Subdivision

Building Details

  • Gross Income $42,750
  • Net Operating Income $35,788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,249

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Lafayette Villa West
  • Directions: Baseline to Carr Ave., South to property on the East / left side of the road.
  • Unit Levels: Bi-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Disposal
  • Has Basement: None
  • Total Bedrooms: 6
  • Entry Location: Outside Entry
  • Fireplace Features: Masonry, Single Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Outside Entry
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood, Chain Link
  • Lot Features: Curbs, Gutters
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: West
  • Exterior Features: Lighting
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Other, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Lafayette
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lafayette
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 7673
  • Parcel #: R0020821
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2249

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42750
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 6962

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Off Market $590,000 -- --
01/31/2020 01/31/20 Sold $590,000 -4.4% $203 / Sq Ft
12/05/2019 12/05/19 For Sale $617,000 -- $212 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 899946

IRES MLS