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Sold on 09/04/2015
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500 E Simpson St, Lafayette, CO 80026

$883,000

Last sold 09/04/2015 for $374K

  • —

    bed

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    bath

Multi-family not for sale
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About 500 E Simpson St

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Rental estimate
Property description
Great opportunity to own a rental property in Lafayette. This duplex has 2 units each unit has two bedrooms, one bath, clothes washer and dryer hook up, fireplace, yard and a one car attached garage. Both units are rented with a month to month lease and both renters want to stay.
Listed by
Listing Agent - Toni Munoz
Listing Agent Contact: 3036658035
Listing Office - MB/Serene Realty
Source: IRESMLS mls logo
MLS#761672 • last updated 1 year ago
Movoto checked IRESMLS for data 23 minutes ago
Overview
Heating Forced Air
Levels/Style One
MLS # 761672
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.16
Interior
Basement None
Fireplace Desc Free Standing
Window Features Window Coverings
Exterior
Roof Composition
Construction Frame
Patio & Porch Patio
Lot Features Corner Lot, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant Within 500 Feet
Amenities / Utilities
Utilities Natural Gas Available
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances Electric Range, Dishwasher, Refrigerator
Location
County Boulder
Subdivision Lafayette
Middle School Angevine
High School District Boulder Valley Dist RE2
APN R0072035
Directions I-25 And Highway 7 (Baseline) Go Not Into Lafayette. Turn Left On Michigan Ave. Go To Michigan And Simpson St. It On The Corner.
Multifamily Details
Tenant Pays Gas, Electricity
Total # of Units 2
Cap Rate 0.3
Income Includes Lease/Rents
Gross Income 1188
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street
Road Surface Asphalt
$883K
Range: $785K-$980K
Last 30 days 
Rental est.: $1,521/month
Gross rent multiplier: 20.5
  • Sep 2015
    Public Records
  • Sep 9, 2015 Sold
    $374,220
  • Sep 2015
    mls logo MLS # 761672
  • Sep 4, 2015 Sold
    $374,220 (-5.3%)
  • Apr 28, 2015 Listed
    $395,000
  • Year Property taxes Tax assessment
  • 2025
    $3,886 +4.6%
    $40,775 -2.78%
  • 2024
    $3,716 +1.7%
    $41,942 -8.08%
  • 2023
    $3,653 +16.0%
    $45,627 +29.44%
  • 2022
    $3,149 -1.1%
    $35,250 +10.49%
  • 2021
    $3,183 +9.2%
    $31,904
  • 2020
    $2,916 +1.4%
    $31,904
  • 2019
    $2,876 +4.1%
    $31,904 +5.48%
  • 2018
    $2,761 +28.4%
    $30,247 -9.55%
  • 2016
    $2,151 +6.7%
    $33,440
  • 2015
    $2,015
    —
  • 500 E Simpson St
    $374K
  • Old Town
    $650K +6% y/y
  • 80026
    $650K -13% y/y
  • Lafayette
    $650K -13% y/y
No chart available
Statistics calculated by Movoto

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5/10
Sanchez Elementary School
public Grades PK, K-5
Boulder Valley Re 2 School District
5/10
Angevine Middle School
public Grades 6-8
Boulder Valley Re 2 School District
7/10
Centaurus High School
public Grades 9-12
Boulder Valley Re 2 School District
Source: GreatSchools.org © 2026. All rights reserved.

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