3851 Otis St, Wheat Ridge, CO 80033

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Sold Price
$1,473,000
List Price
$1,500,000

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

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Courtesy of Kaufman Hagan . colby@khcommercial.com,720-822-0029

Selling Office: RE/MAX Professionals.