208 West Baseline Road Lafayette CO 80026 228172672 39.99994 -105.093094 60105 /listing/228172672-151082055/208-west-baseline-road-lafayette-co-80026 False 0 1150000.0 3940 105 100 7 8448734 False 1971 0.45 0.45

208 West Baseline Road

Lafayette, CO 80026 MLS# 8448734

Active 01/04/19
228172672 False False 39.99994 -105.093094 60105 /listing/228172672-151082055/208-west-baseline-road-lafayette-co-80026 False 0 1150000.0 3940 105 7 8448734 False 47191153 0
$1,150,000
MLS# 8448734
Active 01/04/19
  • 7 Bedrooms Beds
  • 3,940 Square Feet Sq.Ft
  • 0.45 Acres
  • 1971 Year Built Yr. Built

208 West Baseline Road

Lafayette, CO 80026 MLS# 8448734

Active 01/04/19
228172672 39.99994 -105.093094 60105 /listing/228172672-151082055/208-west-baseline-road-lafayette-co-80026 False 0 1150000.0 3940 105 7 8448734 False
$1,150,000
  • 7 Bedrooms
  • 3,940 Square Feet
  • 0.45 Acres
  • 1971 Year Built

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Description

Rare opportunity to own in Boulder County! This 6-unit apartment in Lafayette, offers an excellent walk-ability score and is surrounded by newly developed, micro-brews, restaurants and other redevelopments. Half the units are being completely renovated and will be done by the end of the month. The property is currently being run as a weekly rental, has a 2:1 parking ratio and offers upside in potential income for a new investor.

Courtesy Of Pinnacle Real Estate Advisors

Listing Information

  • Property Type: Income
  • Property Subtype: Income
  • Style: Ranch/1 Story
  • Building Style: Side-by-Side
  • Locale: Lafayette
  • Beds: 7
  • SqFt Finished: 3940
  • SqFt Above: 3940
  • PSF Above Grade: 291.88
  • PSF Finished: 291.88
  • PSF Total: 291.88
  • Lot Size Sq Ft: 19489.00
  • Total Acres: 0.45
  • PPA: 2555555.56
  • Construction: Block, Brick
  • Construction Materials: Brick
  • Year Built: 1971
  • Unit Access: Exterior Access
  • Additional Information: Income History Available, Income Potential, Tenant Occupied

Interior Features

  • Flooring: Laminate
  • Laundry Availability: Coin-operated, Shared Laundry in Building
  • Exclusions: Tenant Personal Property

Unit Info

  • 1 Bedroom

  • Number of Units: 5
  • Unit Type: 1 Bedroom
  • 2 Bedroom

  • Number of Units: 1
  • Unit Type: 2 Bedroom

Room Details

  • Basement Size: None

Parking/Garage

  • Off-Street

  • Parking Spaces Number Of: 12
  • Parking Type: Off-Street
  • Parking Total Searchable: 12
  • Total Carport Spaces: 0
  • Total Offstreet Spaces: 12
  • Total Reserved Spaces: 0
  • Total RV Spaces: 0

Community/Neighborhood Information

  • Walk Score: 65

HOA

  • HOA YN: N

Financial Considerations

  • Owner Pays Utilities: Electricity, Gas, Insurance, Property Tax, Trash, Water
  • Utilities Metering: Common Water, Separate Electric, Separate Gas
  • Annual Expense Proj: 13906
  • Annual Expenses: 21220
  • Annual Income: 582
  • Annual Income Proj: 97482
  • Annual Net Income Proj: 83576
  • Electric Exp: 3239
  • Gas Expense: 3239
  • Gross Income: 94442
  • Gross Operating Income: 97482
  • Insurance Expense: 2469
  • Internet Annual Expense: 662
  • Maintenance Exp: 4500
  • Net Operating Income: 73222
  • Offsite Management Annual Expens: 7799
  • Other Expense: 3742
  • Potential Rental Income Annual: 102000
  • Real Estate Taxes: 2794
  • Tax Amount: 2713.00
  • Tax ID: R0020885
  • Tax Year: 2017
  • Vacancy Credit Losses: 5100

Utilities & Green Home Features

  • Cooling: Air Conditioning-Room, Evaporative Cooler (Swamp)
  • Heating: Forced Air
  • Heating Fuel: Gas

Exterior & Lot Features

  • Roof: Composition Shingles
  • Road Surface: Paved Road
  • Zoning: B-1

Schools Near 208 West Baseline Road Lafayette, CO

District: Boulder Valley RE 2
Schools: Lafayette, Angevine, Centaurus

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