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

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$1,500,000

Est. payment - /mo

5,520 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,520 sqft

Price per Sqft $271

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

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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