3851 Otis Street Wheat Ridge, CO 80033
Discover a prime investment opportunity with this 7-unit multifamily property in the highly desirable Wheat Ridge neighborhood. This well-maintained complex features two 3-bed, 1-bath units and five comfortable 2-bed, 1-bath units, most of which have been recently updated. Enhancements include a newer roof, vinyl windows, fresh exterior paint, new commercial water heater, and new exterior fencing among other things. The property sits on a large lot offering ample parking, on-site laundry, large storage shed, court yard, sprinkler system, and storage lockers for tenants. Ideally located, it’s a short walk to 38th Ave and minutes from I-70, providing easy access to nearby restaurants, parks, bars, and more. Just 10 minutes from the Highlands, and 5 minutes from both the Tennyson Street District and Olde Town Arvada. Owned by the same dedicated owner for nearly 20 years, this property is a testament to excellent upkeep and care. Don't miss out on this rare gem!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyJefferson
- Taxes$6,469
- HOA/Condo/Coop Fees$0
- Days on Site22 Days
- MLS StatusActive
- MLS ID Number8421934
- Home Size Source N/A
- Year Built1951
- Lot Size0.32 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Building Features Bike StorageCoin LaundryLaundryStorage
- Parking Spaces 20
- Sewer Public Sewer
- Acreage 0.32
- Water Public
- Security Carbon Monoxide Detector(s)Smoke Detector(s)
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
Interior Features
- Fireplace No
Exterior Features
- Roof Composition
- Spa No
- Waterfront Property No
- Lot IrrigatedLandscapedNear Public TransitSprinklers In FrontSprinklers In Rear
Community Features
- Security Features Carbon Monoxide Detector(s)Smoke Detector(s)
- Building Features Bike StorageCoin LaundryLaundryStorage