Homes for sale - 3851 Otis ST, Wheat Ridge, CO 80033

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Jason Shiri

LPT Realty

team@cohomesold.com +1(720) 490-7720

$1,500,000

Est. payment - /mo

0.32 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 9236769

HOA Y/N No

Year Built 1951

Annual Tax Amount $6,488

Tax Year 2024

Lot Size 0.324 Acres

Acres 0.32

Property Sub-Type Multi Family

Source recolorado

Property Description

3851 Otis Street is a seven-unit property located in a quiet residential pocket of Wheat Ridge. The property attracts great long-term tenants because of their quality, upkeep, location, and affordability. 3851 Otis presents a compelling opportunity for investors seeking stable, long-term returns in a growing market that displays year-over-year growth with high barriers to entry for continued development.

• Fully Renovated Property
• No Anticipated Cap Ex - Very Well Maintained
• Newer Roofs
• Updated Mechanical Systems
• Opportunity to Improve Rents Through Further Cosmetic Renovations
• Quiet Wheat Ridge Neighborhood

County: Jefferson
Year Built: 1951
# Buildings: 1
# Stories: 2
Total Units: 7
Construction: Masonry
Roof Type: Pitched
Gross Building SF: 5,520
Lot SF: 14,113
Parking: Open | 15 Spaces
Cooling/Heating: ?Wall Units/Boiler
Gas/Electric: Master/Individual
Water/Sewer: Master

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Roof Type Unknown

Total Parking Spaces 15

Garage No

Building

Sewer Public Sewer

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Kaufman Hagan

Q U I C K S E A R C H

3851 Otis ST Wheat Ridge, CO 80033