For Sale, USD 900,000
724 Mead St, Louisville, CO, 80027, Louisville, Colorado, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 1,765 ft² / 164 m²
Land Size : 6,534 ft² / 607 m² Convert Land Size
Bedroom : 4
Bathroom : 2
Half Bathroom : 0
MLS#: 1063078
Property Description
Old Town Louisville's Rare Income-Producing OpportunityInvestment Opportunity in Old Town LouisvilleRare opportunity to own an income-producing duplex in the heart of Old Town Louisville, offering the flexibility of a traditional investment property or an ideal owner-occupant setup—live in one unit while generating rental income from the other. Each side offers 2 bedrooms, 1 bathroom, private laundry, and a fully fenced yard, creating comfortable, highly desirable rental spaces. The property has an excellent rental history, has never experienced a vacancy, and currently offers a cap rate of approximately 5%.Unit #724 has been recently refreshed with new carpet, new flooring, fresh paint, and an updated bathroom. New windows are scheduled for installation in October 2026, and the unit is equipped with window air-conditioning units.Unit #726 features central air conditioning and is currently leased through December 2026, providing immediate rental income. The tenant may be open to either a lease buyout or renewal, offering flexibility for the next owner.Property-wide improvements include two new furnaces installed in 2020, new hot water heaters for both units in 2021, and exterior updates including new exterior paint, a new roof, and ridge vents completed in 2018. The exceptionally deep lot—approximately 175 feet—offers valuable flexibility, with ample space to maintain additional parking or potentially add a two-car garage, subject to city approval.And then there's the location. Just two blocks from Community Park, residents can easily enjoy summer concerts, Movies in the Park, the fenced dog park and pond, while Louisville's vibrant downtown—with restaurants, coffee shops, the farmers market, and year-round community events—is only a few blocks away. Easy access to the regional trail system adds even more lifestyle appeal.Whether you're looking to expand your rental portfolio, house-hack by living in one unit, or secure a long-term investment in one of Boulder County's most desirable communities, this duplex offers an exceptional combination of income potential, location, and future opportunity.
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Duplex in Louisville - Each Unit is 2 Bedrooms/1 Bath, United States,Colorado,Louisville is a 1,765ft² Louisville luxury Multi-Family Home listed for sale USD 900,000. This high end Louisville Multi-Family Home is comprised of 4 bedrooms and 2 baths. Find more luxury properties in Louisville or search for luxury properties for sale in Louisville.