505 S Roosevelt AVE, Lafayette, CO 80026 - MLS#IR1021224

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Cara Grenko

cara@southdenverhomes.com +1(720) 998-1372

$875,000

Est. payment - /mo

4 Beds

2 Baths

2,446 SqFt

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UPDATED:

11/23/2024 07:05 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,446 sqft

Price per Sqft $357

Subdivision Industrial City 2-La

MLS Listing ID IR1021224

Style Cottage

Bedrooms 4

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 1,406

Originating Board recolorado

Year Built 1958

Annual Tax Amount $3,457

Tax Year 2023

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Unique opportunity - single family living with an attached apartment or your next multi-family investment! This is your chance to own a charming cottage-style duplex in Old Town Lafayette one block off S. Public Rd. Walk to restaurants, shops, festivals, Lafayette Elementary and more. This property enjoys 2486 sf that boasts two separately addressed homes under one roof. The upper unit offers the feel of a 1406 sf single family home with 2 bedrooms, 1 bath. Enter into a vintage living/dining area tastefully improved in 2018 with beautiful wood finishes, stylish fixtures and accents. Work in a quiet office nook, just off the dining area, on a locally-milled elm desk. A large eat-in kitchen follows with original hand-crafted cabinetry, updated countertops and stainless gas appliances. Beyond the two cozy bedrooms and bath is a large, added great room filled with natural light that is currently used as a 3rd bedroom. Storage and parking are no problem with an oversized 660 sf attached garage, and room for two cars off the alley in the back of the property. A side yard, fully enclosed by an attractive cedar and corrugated metal fence, provides space to play, garden and enjoy outdoor privacy. This is the perfect home for small families that want to be close to it all. The lower level unit offers 1040 sf with another 2 bedrooms and 1 bath in a garden level space facing out into a common front yard under the shade of two huge trees. A small, private, fenced area with storage shed gives the lower unit additional storage and space to use. This second unit provides significant additional investment income, the prefect off set to your costs while you live upstairs or separate space for visiting family members. Common utilities make it more efficient to follow a maintenance schedule and keep up with bills, while creating the potential for cost saving. Don't let this opportunity pass you by!

Location

State CO

County Boulder

Zoning RES

Rooms

Basement Full

Interior

Interior Features Eat-in Kitchen, Pantry, Radon Mitigation System

Heating Baseboard, Hot Water

Cooling Evaporative Cooling

Flooring Vinyl

Fireplaces Type Insert, Living Room

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Garage Spaces 2.0

Fence Fenced, Partial

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Wood Frame,Wood Siding

Schools

Elementary Schools Lafayette

Middle Schools Angevine

High Schools Centaurus

School District Boulder Valley Re 2

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Rocky Mountain RE Inc • 3035300132

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Cara Grenko

+1(720) 998-1372

Broker Associate | FAFA100067393

Broker Associate FAFA100067393