109 W Simpson St
Lafayette, CO 80026
- 3 beds
- 2 baths
- 1,872 sqft
- 4,011 sqft lot
- $408 per sqft
- 1920 build
- – on site
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!
Last checked:
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Checking…
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Last updated Mar 6, 2025
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MLS# 1706523 —
This home is listed in more than one place. See it here.
Upcoming Open Houses
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Saturday, 3/8
10am-12pm -
Sunday, 3/9
2pm-4pm
The Building
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Year Built:1920
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New Construction:false
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Construction Materials:Stucco
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Building Area Total:1008
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Total SqFt:1872
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Roof:Composition
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Basement:Partially Finished
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Levels:Two
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Direction Faces:South
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Stories:2
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Above Grade Finished Area:1008
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Below Grade Finished Area:864
Interior
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Living Room Level:Basement
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Kitchen Level:Basement
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Dining Room Level:Main
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Laundry Features:Main Level
Room Dimensions
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Living Area:1872
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
Location
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Coordinates:-105.091644, 39.998417
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Latitude:39.998417
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Longitude:-105.091644
The Property
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Property Type:Residential
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Property Subtype:Residential-Detached
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Lot Size Acres:0.09
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Lot Size SqFt:4011
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Lot Size Area:4011
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Lot Size Units:Square Feet
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Exclusions:Staging & sellers personal belongings
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Horse:false
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Fencing:Partial
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Water Source:City Water
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Waterfront:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:2901
Beds
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Bedrooms Total:3
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Bedroom 2 Level:Main
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Bedroom 3 Level:Basement
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Master Bedroom Level:Main
Baths
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Total Baths:2
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Three Quarter Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Sewer:City Sewer
Appliances
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Appliances:Refrigerator
Schools
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Elementary School:Lafayette
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Middle Or Junior School:Angevine
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High School:Centaurus
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High School District:Boulder Valley RE 2
The Community
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Subdivision Name:West Lafayette Addition
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Senior Community:false
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Spa:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:1
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Covered Spaces:1
Monthly cost estimate
Asking price
$765,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,096
|
| Taxes | $241 |
| Insurance | $210 |
| Utilities | $178 See report |
| Total | $4,725/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/6/25
Mar 6, 2025
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Listed / Active | IRES | $765,000 |
