Lafayette, CO 80026,109 W Simpson ST
Lafayette, CO 80026,109 W Simpson ST
Lafayette, CO 80026,109 W Simpson ST
Lafayette, CO 80026,109 W Simpson ST
Lafayette, CO 80026,109 W Simpson ST
Lafayette, CO 80026,109 W Simpson ST
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$ 750,000
Est. payment | /mo

3 Beds

2 Baths

1,872 SqFt


Save
$ 750,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,872 SqFt

OPEN HOUSE

Sat Apr 05, 1:00pm - 3:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $400

Subdivision West Lafayette Addition

MLS Listing ID 1706523

Style Traditional

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 1,008

Originating Board recolorado

Year Built 1920

Annual Tax Amount $2,901

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Property Description

Charming Lafayette Home with Strong Rental Income!
Located just steps from East Simpson Coffee, Teocalli, and Ghost Box Pizza, this unique property offers flexible living options with separate spaces for rental income, multi-generational living, or your very own private guest suite. Featuring 3 bedrooms, 2 bathrooms, and 2 kitchens (with private entrances), this home features the best mixture of historic charm and modern updates.
Unit A showcases beautifully maintained original hardwood floors, picture moulding trim, new stainless steel appliances, plus a brand-new back door (2025) and a transferable warranty. The original foundation has been professionally lifted & stabilized (2022) so you can rest easy as you enjoy your front yard, which turns into a stunning flower garden every spring.
Unit B underwent a full renovation in June 2024, featuring new paint, lighting, renter-friendly LVP flooring, carpet, countertops, stainless steel appliances, custom shelving, and updated bathroom elements. The landscaping was also refreshed, and the entry door was painted in May 2024. The detached garage provides plentiful storage or workshop space, and the brand-new central AC ensures year-round comfort.
RENTAL INCOME: Unit B boasts a steady long-term rental history of $1,400/month, but it's also proving to be a strong Airbnb performer, with earnings of $17,800 in just seven months. Rent out both units, or house hack by living in one unit while renting out the other! Either way, this property offers an incredible income opportunity and a strong cap rate.
Looking for a turnkey approach? The furniture in Unit B is also negotiable for a ready-now, fully-furnished rental.
Don't miss this unparalleled opportunity in Lafayette's thriving market!

Location

State CO

County Boulder

Rooms

Basement Finished

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling Central Air

Flooring Wood

Fireplace N

Appliance Dryer, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Garage Spaces 1.0

Fence Partial

Roof Type Composition

Total Parking Spaces 1

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco

Schools

Elementary Schools Lafayette

Middle Schools Angevine

High Schools Centaurus

School District Boulder Valley Re 2

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
Listed by West and Main Homes Inc • jessica@westandmainhomes.com,720-300-1334

GET MORE INFORMATION

agent
Tammy Hein

Broker-Associate, REALTOR® | Lic# ER 40015768

+1(303) 502-0050

18672 E Wagon trail Circle, Aurora, Colorado, 80015

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109 W Simpson ST