Wheat Ridge, CO 80033 3830 Otis St 1-4

3830 Otis St 1-4 Wheat Ridge, CO - Image 13830 Otis St 1-4 Wheat Ridge, CO - Image 23830 Otis St 1-4 Wheat Ridge, CO - Image 3
21 more
3830 Otis St 1-4 Wheat Ridge, CO - Image 43830 Otis St 1-4 Wheat Ridge, CO - Image 53830 Otis St 1-4 Wheat Ridge, CO - Image 63830 Otis St 1-4 Wheat Ridge, CO - Image 73830 Otis St 1-4 Wheat Ridge, CO - Image 83830 Otis St 1-4 Wheat Ridge, CO - Image 93830 Otis St 1-4 Wheat Ridge, CO - Image 103830 Otis St 1-4 Wheat Ridge, CO - Image 113830 Otis St 1-4 Wheat Ridge, CO - Image 123830 Otis St 1-4 Wheat Ridge, CO - Image 133830 Otis St 1-4 Wheat Ridge, CO - Image 143830 Otis St 1-4 Wheat Ridge, CO - Image 153830 Otis St 1-4 Wheat Ridge, CO - Image 163830 Otis St 1-4 Wheat Ridge, CO - Image 173830 Otis St 1-4 Wheat Ridge, CO - Image 183830 Otis St 1-4 Wheat Ridge, CO - Image 193830 Otis St 1-4 Wheat Ridge, CO - Image 203830 Otis St 1-4 Wheat Ridge, CO - Image 213830 Otis St 1-4 Wheat Ridge, CO - Image 223830 Otis St 1-4 Wheat Ridge, CO - Image 233830 Otis St 1-4 Wheat Ridge, CO - Image 243830 Otis St 1-4 Wheat Ridge, CO - Image 25
Presented By: The Old Country Real Estate Group LLC; 720-724-3933
  • MLS# 2082472
  • 08/31/2024
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 8
  • SQFT • 6,548
  • Garage • 4

Home Details

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.
Presented By: The Old Country Real Estate Group LLC; 720-724-3933

Interior Features for 3830 Otis St 1-4

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area6548
Air Conditioning Y/NYes
Fireplace Features2+ Fireplaces
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesWalk-In Closet(s)

General for 3830 Otis St 1-4

AppliancesSelf Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Attached Garage No
Cap Rate4.179999
CityWheat Ridge
Construction MaterialsBrick/Brick Veneer, Wood Siding
CoolingEvaporative Cooling, Ceiling Fan(s)
CountyJefferson
ElectricElectric, Separate Meter Electricity
Elementary SchoolStevens
ExclusionsAny/all items owned by current tenants.
Garage Spaces4
Garage Y/NYes
Gas Y/NSeparate Meter Gas
Gross Income92400
HOANo
HeatingForced Air
High SchoolWheat Ridge
High School DistrictJefferson County R-1
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolEveritt
Net Operating Income70192
New ConstructionNo
Number Of Units Total4
Operating Expense20360
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NamePatio Court Condos
Tax Annual Amount2326
Tax Year2023
Tenant PaysGas, Electricity, Exterior Maintenance
Unit Number1-4
UtilitiesElectricity Available
Year Built1981

Exterior for 3830 Otis St 1-4

Building Area Total6548
Covered Spaces4
FencingPartial
Horse Y/NNo
Lot FeaturesGutters, Lawn Sprinkler System
SpaNo
Water SourceCity Water
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Wheat Ridge High School
Elementary School Stevens Elementary School
Middle School Everitt Middle School

Jon Holsten

Price $1,990,000
MLS#2082472
List Date 08/31/2024
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
Visit My Website

Similar Properties to 3830 Otis St 1-4

CBD Oil For ANXIETY REVIEW Alchemy Naturals CBD Gummies for Pain Relief CBD Gummies For Stress CAUTION Watch THIS Before You Buy BioGreen CBD Blood Sugar Gummies Where To Buy Order Now Broad Spectrum CBD Multivitamin Gummies Harmony Leaf CBD Gummies Reviews and Scam Explained KESKARA REVIEWS HONEST REVIEW KESKARA SIDE EFFECTS - KESKARA MALE ENHANCEMENT - KESKARA USA Natural Sex Enhancements What Is in Male Enhancement Pills Tiger Woods CBD Gummies Reviews Updated 2022 Scam Or Working Animale Male Enhancement - ANIMALE MALE REVIEWS -MALE ENHANCEMENT PILLS - MALE ENHANCEMENT GUMMIES Animale Male Enhancement Review - WARNING Does Animale Male Enhancement Work Reviews Everything you need to know about Cialis Viagra Shilajit for Erectile Dysfunction shilajit testosterone erectiledysfunction menshealth health Keto ACV Gummies The Scam Exposed Watch The Reviews Lose Weight While You Sleep Dr Bergs 8 Tips for Burning Fat Overnight Kelly Clarksons Pre-Diabetic Diagnosis Drove Her To Lose Weight Fat Burning Diet Plan Burn Fat and Lose Weight Fast Lose 7 Kgs In 7 Days Full Day Diet Plan TRANSFORM KETO GUMMIES - Does It Work Watch This Honest Review Find Out -Transform Keto Gummies Supreme Keto ACV Gummies - THE TRUTH Supreme Keto Acv Gummies Reviews - Supreme Keto Acv Gummies ALLI Orlistat Weight Loss Pill Review Weight Loss Supplement That Works Christina Aguileras Drastic Weight Loss Weight LossGain And Penis Size the most EXTREME diets kpop idols did to lose weight fast Keto ACV Gummies 02 03 24 Destiny Keto ACV Gummies US Shocking Side Effects Reveals Must Read Before Buying ACV Keto Gummies REALLY WORKS Keto ACV Gummies Reviews - ACV Keto Gummies Review Keto ACV Gummies - THE TRUTH 2023 - ACV Keto Gummies Reviews - Keto Gummies For Weight Loss The Truth About Water Pills and Weight Loss