Lamar CO Multi Family for Sale
$90,000
308 W Poplar St Lamar, CO 81052
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.11 Acres
- Year built:
- 1938
- Baths:
- 2.00
- MLS#:
- 228526
- Subdivision:
- Lamar
ADDITIONAL INFORMATION
Investment Opportunity: Versatile Duplex Ideal for Rental Income, Fix and Flip, or Your Own Home! Are you searching for a promising real estate investment or a new place to call home? This versatile duplex offers multiple opportunities to fit a range of investment goals, whether you're looking to generate rental income, engage in a fix-and-flip project, or settle into a cozy abode of your own. The duplex features two separate units, each equipped with its own electric and gas meter. The front unit is a charming 2-bedroom, 1-bathroom space covering 1100 square feet. Nestled at the back of the property is a cozy 300-square-foot Studio. This compact yet functional unit is ideal as a rental property for additional income. As two separate units, you can maximize your rental income. OR Renovate and upgrade the property to increase its market value and sell it for a profit. The spacious front unit and quaint Studio offer a solid foundation for improvement. OR: Live in one unit and rent out the other to offset your mortgage or enjoy the whole property as your private residence with space for guests or extended family. The possibilities are endless! Call today for a showing!
Lamar Real Estate
The median home value in Lamar, CO is $171,000. This is higher than the county median home value of $140,100. The national median home value is $338,100. The average price of homes sold in Lamar, CO is $171,000. Approximately 52.09% of Lamar homes are owned, compared to 26.4% rented, while 21.51% are vacant. Lamar real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lamar real estate agent to arrange a tour today!
Lamar, Colorado has a population of 7,636. Lamar is more family-centric than the surrounding county with 36.3% of the households containing married families with children. The county average for households married with children is 36.11%.
The median household income in Lamar, Colorado is $43,764. The median household income for the surrounding county is $44,984 compared to the national median of $69,021. The median age of people living in Lamar is 35.7 years.
Lamar Weather
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 15.2 inches per year, with 25.3 inches of snow per year.