200 S Carr Avenue, Lafayette, CO 80026
- Sqft
- 2,912
View property features, location on map, relevant school information and overview from seller's agent.
- 3
- 0
Overview
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 7% 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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 2,912
- Lot size (acres)
- 0.18
- Year built
- 1974
Interior features
- Basement
- Yes
- Fireplaces
- 1
Utilities
- Heating
- Forced air
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $3,302
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: REColorado MLS®#: IR1043405 Last checked: …

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