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200 S Carr Ave, Lafayette, CO 80026

$675,000

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Sold Price: $675,000
List Price: $700,000
Closing Date: Nov 13, 2025
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: IR1043405
Year Built: 1974

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Property 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 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.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.18
Lot Size Sq Ft: 7,673
Tax Amount: $3,302
Water Source: Public
Sewer: Public Sewer
Basement Type: Daylight, Full
Heating: Forced Air
Cooling: Room
School District: Boulder Valley RE 2
Elementary School: Lafayette
Middle Or Junior School: Angevine
High School: Centaurus