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USACOLafayetteLafayette Villa West200 S Carr Ave
200 S Carr Ave, Home with 6 bedrooms, 4 bathrooms and null parking in Lafayette CO | Image 1
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$725,000

200 S Carr Ave, Lafayette, CO

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $3,302
Days Active 1
Lot Size 
Approx. Age 1974
MLS® Number 1043405

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Positioned on the edge of sought-after Old Town Lafayette, this spacious duplex presents an exceptional investment opportunity with proven performance and future upside. Offering six bedrooms and four baths across two generous units, this property has maintained full occupancy for over five years and currently operates at a strong 6.8% cap rate. Each unit lives like a single-family home with three bedrooms, 1.5 baths, large kitchens and living rooms, in-unit laundry, private decks and yards, plus a one-car garage and ample parking. Residents enjoy privacy with no neighbors behind, while being just blocks from Old Town Lafayette, the library, rec center, Lafayette Elementary and bus lines. Walk score is an amazing 78!!! Recent updates include a new roof in 2020 and upgraded appliances in unit 200, while unit 202 features a cozy wood-burning fireplace. Professionally managed and tenant-paid utilities create ease of ownership. Baseline redevelopment will add a huge boost to desirability and value. Buy and hold for instant cash-flow and stability or remodel, condo convert and sell off individually for instant profit. Both units currently tenant occupied, 24 hour notice for showings.Show Description
MLS® Number1043405
Laundry LevelWasher/Dryer Hookups
Central VacNo
FireplaceNo
Acreage0.18
ExteriorLighting
GarageNo
Approx. Age1974
BasementFull, Partially Finished, Daylight
Driveway
Garage Spaces
HeatForced Air
A/CWall/Window Unit(s)
Heating Fuel

Extras

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