NOT LISTED FOR SALE

221 5th Ave Lyons, CO 80540

4 Beds
2 Baths
1,792 Sq Ft
7,306 Sq Ft Lot

Last Sold July 18, 2019

Last sale price $515,000 $287 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Patio
  • Lyons Elementary School Rated A-
  • Cooling Available
  • 3-minute walk to LaVern M Johnson Park

About This Home

As of July 2019

Hard to Find Duplex! Don't miss out! Charming front-to-back style 2-unit property. Each side is a bright 2 bedroom with 1 bathroom and large patio. Lovingly surrounded by beautiful elm,spruce,crab-apple,and box-elder trees which offer added privacy. Perfect investment property,well maintained. New roof/gutters 2015, boiler 2014, window panes 2019. Strong rental demand and cash flow. Prime location with an easy walk to downtown Lyons. Great opportunity to live in one unit and rent out the other!

Last Agent to Sell the Property

Marchell Chapman

River Cliff Realty, LLC Listed on: 06/10/2019

Last Buyer's Agent

Chris Carter

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1974

Lot Details

  • 7,306 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Lyons Elementary And Middle School
  • Lyons High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0050334

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lyons Subdivision

Building Details

  • Gross Income $36,234
  • Net Operating Income $31,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,925

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Surface Type: Asphalt
  • Subdivision Name: Lyons
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1792
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 4
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, Town of Lyons
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Lyons
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lyons
  • HighSchool: Lyons
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Lyons

Lot Info

  • Zoning: R2A
  • Lot Size Sq Ft: 7306
  • Parcel #: R0050334
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2925

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36234
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4769

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 List to Sale Price per Sq Ft
10/16/2019 10/16/19 Off Market $515,000 -- --
07/18/2019 07/18/19 Sold $515,000 +1.0% $287 / Sq Ft
06/10/2019 06/10/19 For Sale $510,000 -- $285 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marchell Chapman

    River Cliff Realty, LLC

    Section Image
  • Chris Carter

    Buyer's Agent in 2019

    Chris Carter

    RE/MAX

    (303) 995-5607

    12 Total Sales

    Chris Carter
    Section Image
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Map

Source: IRES MLS

MLS Number: 884422

IRES MLS
Colorado Boulder County Lyons 80540

221 5th Ave, Lyons, CO

This home is located at 221 5th Ave, Lyons, CO 80540 since 10 June 2019. This property was built in 1974. 221 5th Ave is a home located in Boulder County with nearby schools including Lyons Elementary School and Lyons Middle/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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