Skip To Content

205 N Public Rd

Lafayette, CO 80026
  • $1,595,000
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: 975632
Price Reduced
UPDATED: 54 min ago
$1,595,000
  • 9
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,230
    SQFT
  • $377
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Prime location in Lafayette, CO with frontage on Public Rd and alley access.Multifamily, consisting of 9 units with: 5 efficiencies, 3-one bedroom, 1-twobedroom. Continue current use as multifamily and improve rents, or possibleredevelopment within the B1 zoning and Urban Renewal District. Current rentalrates are significantly under market, cap rate is based on proforma using FMR data.

Monthly Payment Calculator



© 2022 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 Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2022-12-04T10:41:50.77.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.discovercoloradohomes.net/homes/133188776
Print Image

205 N Public Rd Lafayette, CO 80026

  • Price: $1,595,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 54 min ago
  • MLS #: 975632
9
Beds
0
Baths
0
½ Baths
0.27
Acres
4,230
SQFT
$377
$/SQFT
1947
Built
Neighborhood:
Lafayette West
County:
Boulder
Area:
03 Lafayette City Limits
Elementary School:
Lafayette
Middle School:
Angevine
High School:
Centaurus
School District:
Boulder Valley Dist Re2
Property Description
Prime location in Lafayette, CO with frontage on Public Rd and alley access.Multifamily, consisting of 9 units with: 5 efficiencies, 3-one bedroom, 1-twobedroom. Continue current use as multifamily and improve rents, or possibleredevelopment within the B1 zoning and Urban Renewal District. Current rentalrates are significantly under market, cap rate is based on proforma using FMR data.
Exterior Features

Architectural Style Ranch Construction Materials Wood/FrameWood Siding Exterior Features Lighting Horse YN No Lot Features Zero Lot LineCurbsGuttersSidewalksFire Hydrant Within 500 FeetLevelWithin City Limits Other Parking Parking Per Unit(1 Space/Unit) Parking Features Alley Access Road Frontage Type City StreetAlley Road Surface Type PavedAsphalt Roof Flat Spa YN No Waterfront YN No

Interior Features

Appliances Gas Range/OvenRefrigerator Basement None Heating Forced AirCommon Heat Source Heating YN Yes Interior Features Eat-In Kitchen Living Area Source Assessor Unit1 Bedrooms 9 Unit1 Est Sq Ft 4230 Unit1 Total Baths 9

Property Features

Association YN No Cap Rate 6.13 Ditches Active YN No Gas Natural GasXcel Gross Income 150300 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventionalOwner May Carry Locale Lafayette Net Operating Income 97800 New Construction YN No Operating Expense 52500 Possible Use Multi-FamilyCommercialCommercial Or Industrial Property Condition Not NewPreviously Owned Property Sub Type Income Property Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 9000 Tax Year 2021 Tenant Pays Deposit Utilities Natural Gas Available Water Source City WaterCity Of Lafayette Zoning B1

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Toni Munoz of Serene Realty: 3036658035.



© 2022 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 Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2022-12-04T10:41:50.77.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_2_1278149-2.jpg https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_2_1278149-2.jpg https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_2_1278149-2.jpg
Logo
Keller Williams Realty Northern Colorado - Old Town
401 Linden Street #1-105
Fort Collins CO, 80524