Presented By: Atlas Real Estate Group; kelly.taylorblakesley@realatlas.com,720-383-8708
MLS# 8504297
05/14/2025
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Beds • 8
Baths • 4
SQFT • 3,588
Garage • 4
Home Details
Fully leased 4-plex in the heart of well established Applewood area of Wheat Ridge, across the street from a charming park and just off Kipling and 38th. This property is ideally positioned south of I70, just minutes from Downtown Denver or Golden. Priced at $830,000, this fully leased value-add opportunity features four 2BR/1BA units, plentiful off street parking in designated lot, and additional income from laundry and utility reimbursements (RUBS). Currently producing a 5.57% cap rate. Could use light renovations but running smoothly as is and any future updates could be handled minimally, during next turns. Local demographics and the central location with proximity to all major thoroughfares provide this property's long term value and rental demand. Surrounding residential area has experienced a major rejuvenation and modern development with high end SFRs. Investors should jump at this rare multifamily opportunity in this highly desirable, growth-oriented corridor. Please reach out to Kelly Taylor Blakesley at Atlas Real Estate at 720-383-8708 or kelly.taylorblakesley@realatlas.com with any questions.
Presented By: Atlas Real Estate Group; kelly.taylorblakesley@realatlas.com,720-383-8708
Interior Features for 3760 Owens St
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area3588
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
General for 3760 Owens St
Architectural StyleRanch
Attached Garage No
Cap Rate5.599999
CityWheat Ridge
Construction MaterialsBrick/Brick Veneer, Wood Siding
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