205 North Public Road

Lafayette, CO 80026

$1,450,000
Price
Beds
4,230 Sq. Ft.
$343 / Sq. Ft.
4,230
Sq. Ft.
$343
per Sq. Ft.

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.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.
  1. Listed by Toni L. Munoz • Serene Realty
    P: 303-665-8035 C: 303-665-8035 talktotoni@gmail.com

Property Details for 205 North Public Road

Architectural Style
Cottage
Stories
1

Location

Listing Courtesy of Serene Realty, Toni L. Munoz
Add your commute
LISTING UPDATED: 04/25/2024 02:53 PM

Property Details for 205 North Public Road

StatusActive
MLS #6377438
Days on Compass246
Taxes$8,495 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built1947
Lot Size0.27 AC / 11,562 SF
CountyBoulder County

Location

Listing Courtesy of Serene Realty, Toni L. Munoz
Add your commute

Building Information for 205 North Public Road

Stories1Residences9Year Built1947Lot Size0.27 AC / 11,562 SF

Payment Calculator

$8,621 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$708

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 205 North Public Road

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 4230
  • Sqft Total: 4230
  • PSF Total: 343
  • Master on Main: No
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Unit Information
Unit 1
  • Units Total: 9
Unit Information
  • Number Of Units Total: 9
  • Number Of Units Vacant: 0
  • Units Furnished Total: 0
Parking
Parking
  • Attached Garage: No
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 0
  • Parking Count: 0
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
Site & Location Information
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 11562
  • Lot Features: Historical District, Near Public Transit
Building Information
Green Features
  • Green Verification Count: 0
Building Information
  • Building Name: Modern Motel
  • Year Built Effective: 1947
  • Construction Materials: Wood Siding
  • Roof: Composition
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Private
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
  • Sewer: Public Sewer
  • Electric: 220 Volts

Public Records for 205 North Public Road

Taxable ValueLand$17,279Additions$94,986Total$112,265
Tax Record2023$9,457 ($788 / month)
Home Facts
Baths9Total Finished SqFt1,740 SqFtAbove Grade Finished SqFt1,740 SqFtStories1Lot Size11,543 SqFtStyleMulti-Family Dwelling (2-4)Year Built1947Zoning1125CountyBOULDERAPN1575-03-1-12-001

Schools near 205 North Public Road

This home is within Boulder Valley Re 2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Lafayette Elementary School
PublicPK to 5

Angevine Middle School
Public6 to 8

Centaurus High School
Public9 to 12

Pioneer Bilingual Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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205 North Public Road is for sale in Lafayette, CO 80026. This property was listed for sale on August 27, 2023 by Serene Realty, it's currently listed at $1,450,000. This listing's school district is Boulder Valley Re 2 School District. Nearby schools include Lafayette Elementary School, Angevine Middle School and Centaurus High School. 205 North Public Road is a 0-bed, 0-bath, 4,230 sqft built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Serene Realty, Toni L. Munoz

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.