Veterans United Realty
30 Photos

505 S Roosevelt Avenue, Lafayette, CO 80026

$875,000 Asking Price

4 beds
2 baths
2,446  sqft
Built in 1958

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!


Listing Status:
Active
Date Added:
October 24, 2024 — 8 days ago
Listing Office:
Rocky Mountain RE Inc, Carrie Hill (303-530-0132)
Office Phone:
303-530-0132
MLS ID:
IR1021224

Features & Amenities

Interior

General:
Eat-in Kitchen, Pantry, Radon Mitigation System
Appliances:
Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
Laundry:
In Unit
Basement:
Full
Flooring:
Vinyl
A/C:
Evaporative Cooler
Heating:
Baseboard, Hot Water
Fireplace:
Insert, Living Room

Exterior

Style:
Cottage
Other Structures:
Patio
Parking:
Parking spaces: 2

Construction

Roofing:
Composition
General:
One

Location

Road/Access:
Public
Originating MLS:
recolorado
School District:
Boulder Valley RE 2
County:
Boulder

Lot

Zoning:
RES, LOT 3 BLK 8 INDUSTRIAL CITY 2, R0075933
Fencing:
Fenced, Partial

Utilities

Utilities:
Electricity Available, Natural Gas Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
recolorado
Ownership:
Individual

This listing courtesy of:
Rocky Mountain RE Inc, Carrie Hill

About Lafayette, CO

Housing

Number of Units
14,751
Median Home Value
$490,318
Median Rent
$1,592

29.00% of housing units are renter occupied.

3.15% are vacant.

Commute

Car
45.39%
Public Transportation
3.38%
Walk to Work
0.94%
Work from Home
48.30%
Other
0.83%

The median travel time to work is 13 minutes.

People

Population
36,155
Median Age
40.30
Median Household Size
2.60

Education

High School
11.65%
Associate’s Degree
6.81%
Bachelor’s Degree
37.77%
Graduate Degree
24.53%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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Veterans United Homefront

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