221 5th Ave, Lyons, CO 80540

$515,000
1,792
SqFt
Sold Price
$515,000
List Price
$510,000
Status
SOLD
MLS#
884422
Closing Date
Jul 18, 2019
Year Built
1974
Living Area
1,792
Lot Size
7,405
Subdivision
Lyons

Property Description

Hard to Find Duplex! Don't miss out! Charming front-to-back style 2-unit property. Each side is a bright 2 bedroom with 1 bathroom and large patio. Lovingly surrounded by beautiful elm,spruce,crab-apple,and box-elder trees which offer added privacy. Perfect investment property,well maintained. New roof/gutters 2015, boiler 2014, window panes 2019. Strong rental demand and cash flow. Prime location with an easy walk to downtown Lyons. Great opportunity to live in one unit and rent out the other!

Additional Information

Taxes
$2,925
New Financing
Cash, Conventional, FHA, VA
Capitalization Rate
6.16
Construction
Wood/Frame
Style
2 Story
Property Styles
2 Story
School District
ST Vrain Dist RE 1J
Elementary School
Lyons
Middle School
Lyons
High School
Lyons
Approximate Acreage
0.17
Heating
Baseboard Heat
Cooling
Ceiling Fan
Utilities
Natural Gas, Electric, Separate Meter Electricity
Basement Foundation
No Basement
Outdoor Features
Patio
Unit Ones Numberof Bedrooms
2
Energy Features
Double Pane Windows
Gross Operating Income
36234.0000
Net Operating Income
$31,465
Total Operating Expense
4769.0000
Tenant Pays
Deposit, Gas, Electric, Water, Sewer, Trash
Total Numberof Units
2
Zoning
R2A
Locale
Lyons
Inclusions
Window Coverings, Dishwasher, Refrigerator, Clothes Washer, Clothes Dryer, Smoke Alarm(s)
Ownership
Private Owner
Possible Usage
Single Family, Multi Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of River Cliff Realty, LLC. Selling Office: .

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