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205 N Public Road

Lafayette, CO 80026
  • $1,595,000
  • STATUS: Active
  • ON SITE: 231 Days
  • ID#: 4855540
UPDATED: 67 min ago
$1,595,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,230
    SQFT
  • $377
    $/SQFT
Type:
Commercial
Built:
1947
County:
Area:

School Ratings & Info

REcolorado logo Offered by Serene Realty.

Description

Sellers are motivated. 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 possiblere development 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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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Finch & Gable Real Estate Co. are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.coloradospringstophomes.com/homes/134095305
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205 N Public Road Lafayette, CO 80026

  • Price: $1,595,000
  • Status: Active
  • On Site: 231 Days
  • Updated: 67 min ago
  • ID#: 4855540
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,230
SQFT
$377
$/SQFT
1947
Built
County:
Boulder
Area:
Lafayette
Property Description
Sellers are motivated. 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 possiblere development 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

Architectural Style Mid-Century Modern Attached Garage YN No Carport Spaces 0 Lot Features Historical DistrictNear Public Transit Offstreet Spaces 0 Parking Total 0 Road Frontage Type Private Road Road Surface Type Alley PavedPaved Roof Composition Rv Spaces 0

Property Features

Actual Annual Net Income 97800.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Green Verification Count 0 Gross Income 150300 Listing Terms CashConventionalOwner Will Carry Operating Expense 52500 Operating Expense Includes InsuranceMaintenancePersonal Property Tax Owner Pays GasTrash CollectionWater Property Sub Type Multi-Family Road Responsibility Private Maintained Road Security Features Carbon Monoxide Detector(S) Sewer Public Sewer Tax Annual Amount 8588 Tax Legal Description N 26 Ft Lot 1 E1/2 Blk 21 Trs 677 & 1542 Lafayette West Tax Year 2021 Tenant Pays ElectricityGasTrash CollectionWater Utilities Electricity AvailableNatural Gas ConnectedSewer Connected Water Included YN Yes Water Source Public Zoning B1

REcolorado logo Listing courtesy of Serene Realty:[IDXCONTACTINFORMATION]. MLS #4855540


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Finch & Gable Real Estate Co. are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Finch & Gable Real Estate Co.
9362 Grand Cordera Pkwy, Suite 100
Colorado Springs CO, 80924
REcolorado logo Offered by Serene Realty.