Homes for sale - 3830 Otis St #1-4, Wheat Ridge, CO 80033

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Bruce Baker

bruce@brucebakergroup.com +1(808) 633-8370

$ 2,100,000

Est. payment | -/mo

8 Beds

8 Baths

6,548 SqFt

Save

$ 2,100,000

Est. payment | -/mo

Save

8 Beds

8 Baths

6,548 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 6,548 sqft

Subdivision Patio Court Condos

MLS Listing ID 2082472

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 6,548

Originating Board REcolorado

Year Built 1981

Annual Tax Amount $2,326

Property Description

Welcome to this exceptional quadplex in the desirable Edgewater area, offering a prime investment opportunity with four spacious units, each over 1600 square feet. Something you will not find in any other income property in the surrounding area. Every unit features 2 bedrooms and 2 bathrooms, large kitchen with additional dining area, family room and living room, and their own washer/dryer, designed for comfort and modern living. Stainless Steel appliances finish the modern look of the kitchens, and 4-piece second floor bathrooms provide ample space. The new owner will not have to do anything as recent updates include sleek new flooring, contemporary countertops in the kitchens/baths, and stylish new tile in the kitchen backsplash and bathrooms. Additional upgrades consist of new windows, a newer roof, fresh paint in and out, new gutters, new boilers, and newer privacy fencing. New swamp coolers add to the appeal, providing efficient cooling. New landscaping finishes out the extraordinary upkeep this property has endured. Each unit is equipped with its own detached carport and a one-car garage, along with outside parking ensuring substantial parking. Existing tenants have been leasing for extended periods, and vacancy rates have been zero for over 1 1/2 years and below 2% prior to that. With its blend of updated features and convenient amenities, and great location, this quadplex is a standout property for investors seeking a stable income stream and a well-maintained asset in the Edgewater area.

Location

State CO

County Jefferson

Area Metro Denver

Interior

Interior Features Walk-In Closet(s)

Heating Forced Air

Cooling Evaporative Cooling, Ceiling Fan(s)

Fireplaces Type 2+ Fireplaces

Fireplace true

Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Exterior

Garage Spaces 4.0

Fence Partial

Utilities Available Electricity Available

Roof Type Composition

Porch Patio

Building

Lot Description Gutters, Lawn Sprinkler System

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Brick/Brick Veneer,Wood Siding

New Construction false

Schools

Elementary Schools Stevens

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson County R-1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by 720-724-3933

+1(808) 633-8370

bruce@brucebakergroup.com

9800 Pyramid Ct Ste 400 Englewood, CO 80112, 80112

3830 Otis St #1-4 Wheat Ridge, CO 80033