3851 Otis Street
Wheat Ridge, CO 80033
5520 sqft | 0.32 acres | #9236769
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
Property Details
- Sewer InformationPublic Sewer
- Property SubtypeMulti Family
- Original List Price$1,500,000
- CountyJefferson
- Property TypePurchase
- MLS #9236769
- Cost1500000
- MLS #9236769
- Taxes Annual$6,488
- Acres0.32
- Square Feet5520
- Year Built1951
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Colby Constantine (#REC155062989)
Listing Office: Kaufman Hagan (#RECM4465)
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