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$1,450,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
04/25/2024 08:53 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6377438
Style Cottage
HOA Y/N No
Originating Board recolorado
Year Built 1947
Annual Tax Amount $8,495
Tax Year 2022
Lot Size 0.270 Acres
Acres 0.27
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.
Location
State CO
County Boulder
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
Roof Type Composition
Garage No
Building
Lot Description Historical District, Near Public Transit
Sewer Public Sewer
Water Private
Structure Type Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Serene Realty • 303-665-8035
Learn More About LPT Realty
Cesar Peña
Real Estate Advisor | License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076