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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!
| DAYS ON MARKET | 30 | LAST UPDATED | 4/3/2025 |
|---|---|---|---|
| TRACT | West Lafayette Addition | YEAR BUILT | 1920 |
| COMMUNITY | Lafayette | COUNTY | Boulder |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Boulder Valley RE 2 |
|---|---|
| Elementary School | Lafayette |
| Jr. High School | Angevine |
| High School | Centaurus |
| PRICE HISTORY | |
| Prior to Apr 3, '25 | $765,000 |
|---|---|
| Apr 3, '25 - Today | $750,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Refrigerator, Washer |
| AREA | Lafayette |
| BASEMENT | Partially Finished, Yes |
| CONSTRUCTION | Stucco |
| GARAGE | Detached |
| HEAT | Forced Air |
| LOT | 3920 sq ft |
| PRIMARY ON MAIN | Yes |
| SEWER | City Sewer, Public Sewer |
| STORIES | 2 |
| SUBDIVISION | West Lafayette Addition |
| TAXES | 2901 |
| WATER | City Water |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jessica MacMillan, West and Main Homes Inc
Last updated: 4/4/25 12:15 PM PDT
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES 2025.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES 2025.
This IDX solution is (c) Diverse Solutions 2025.