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205 N Public Rd

Lafayette, CO 80026
  • $1,450,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 1008173
UPDATED: 152 min ago
$1,450,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Ratings & Info

Description

Prime location in Lafayette, Colorado on Public Road and alley access. Two multifamily units, consisting of 9 units. The two buildings consist of 5-efficiencies, 3-one bedroom, 1-two bedroom. Continue current use as multifamily and improve rents, or possible redevelopment within the B1 zoning and Urban Renewal District. Current rental rates are significantly under market, cap rate is based on proforma using FMR data

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© 2024 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or DreamSmith Team | RE/MAX Professionals. Data last updated: 2024-05-26T17:42:56.387.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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205 N Public Rd Lafayette, CO 80026

  • Price: $1,450,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 152 min ago
  • MLS #: 1008173
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1947
Built
Neighborhood:
Old Town Lafayette
County:
Boulder
Area:
03 Lafayette City Limits
Property Description
Prime location in Lafayette, Colorado on Public Road and alley access. Two multifamily units, consisting of 9 units. The two buildings consist of 5-efficiencies, 3-one bedroom, 1-two bedroom. Continue current use as multifamily and improve rents, or possible redevelopment within the B1 zoning and Urban Renewal District. Current rental rates are significantly under market, cap rate is based on proforma using FMR data
Exterior Features

Construction Materials Wood/FrameComposition Siding Exterior Features Lighting Horse YN No Lot Features CurbsGuttersSidewalksFire Hydrant within 500 FeetWithin City Limits Parking Features Alley Access Parking Per Building Sq Ft 1:100 or better Road Frontage Type City StreetAlley Road Surface Type Paved Roof Other Spa YN No Waterfront YN No

Interior Features

Basement None Building Area Total 4230 Cooling None Cooling YN No Heating Forced AirHot Water Heating YN Yes Interior Features Kitchenette Living Area Source Assessor

Property Features

Association YN No Business Type Incorporated Area Cap Rate 5.73 Ditches Active YN No Gas Natural GasXcel Gross Income 128820 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Lafayette Net Operating Income 83001 New Construction YN No Operating Expense 45819 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sale Includes Building(s)Land Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 9457 Tax Year 2024 Tenant Pays None Utilities Natural Gas Available Water Source City WaterCity of Lafayette Zoning Multi-Resi

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Toni Munoz of Serene Realty: 3036658035.



© 2024 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or DreamSmith Team | RE/MAX Professionals. Data last updated: 2024-05-26T17:42:56.387.

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