109 W Simpson ST Lafayette, CO 80026
3 Beds
2 Baths
1,872 SqFt
OPEN HOUSE
Sun Mar 09, 2:00pm - 4:00pm
UPDATED:
03/09/2025 10:05 PM
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 $408
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
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
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA