Connect

3830 Otis Street 1-4, Wheat Ridge, CO – $2,100,000

  • $2.1M Price
  • 8 Beds
  • 8 Baths
  • 6,548 Sqft
  • $2.1M Price
  • 8 Beds
  • 8 Baths
  • 6,548 Sqft

New Search X

3830 Otis Street 1-4

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.

Listing Office: The Old Country Real Estate Group LLC

Essential Information

  • MLS® #2082472
  • Price$2,100,000
  • Bedrooms8
  • Bathrooms8.00
  • Square Footage6,548
  • Acres0.00
  • Year Built1981
  • TypeResidential Income
  • Sub-TypeQuadplex
  • StyleTraditional
  • StatusActive

Community Information

  • Address3830 Otis Street 1-4
  • SubdivisionPatio Court Condos
  • CityWheat Ridge
  • CountyJefferson
  • StateCO
  • Zip Code80033

Amenities

  • UtilitiesElectricity Connected
  • Parking Spaces13
  • ParkingAsphalt, Concrete
  • # of Garages4

Interior

  • HeatingForced Air
  • CoolingEvaporative Cooling
  • FireplaceYes
  • # of Fireplaces4
  • FireplacesFamily Room
  • StoriesTwo

Interior Features

Ceiling Fan(s), Laminate Counters, Walk-In Closet(s)

Appliances

Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Self Cleaning Oven, Washer

Exterior

  • RoofComposition

Exterior Features

Lighting, Private Yard, Rain Gutters

Lot Description

Landscaped, Sprinklers In Front

School Information

  • DistrictJefferson County R-1
  • ElementaryStevens
  • MiddleEveritt
  • HighWheat Ridge

Additional Information

  • Date ListedSeptember 1st, 2024

Listing Details

  • Office Contact720-724-3933

The Old Country Real Estate Group LLC

Please provide a valid email address.

Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Copyright 2024 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Listing information last updated on December 25th, 2024 at 12:03pm MST.