205 N Public Rd, Lafayette CO, 80026

Active

205 N Public Rd

Lafayette CO, 80026

$1,450,000

$342.79 per sqft

Active

4,230 sqft

Commercial

Built in 1947

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

1008173

MLSⓇ ID

April 25, 2024

Listed

May 9, 2024

Updated

Map

205 N Public Rd
Lafayette CO, 80026

Interior Features

Interior Features: Kitchenette
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Forced Air, Hot Water

Exterior/Building Features

Lot Size: 0.27 Acres
Exterior Features: Lighting
Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Within City Limits
Roof: Other
Sewer: City Sewer

Other Property Details

Area Name: Lafayette
Taxes: $9,457
Tax Frequency: Annually
Days on Market: 1
Garage: No
Parking: Alley Access
View: No
County: Boulder
Water Source: City Water, City of Lafayette
Pool: No
Zoning: Multi-Resi
Buyer Agency Compensation: 2.8%

Listed by Toni Munoz with Serene Realty
Listing Contact: 3036658035

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 5/9/2024 at 3:00 AM UTC