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$1,550,000
24 Days Online

3851 Otis Street
Wheat Ridge, CO 80033

For Sale|Multi-Family|Active
County:
Jefferson

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425-221-0712
3851 Otis Street3851 Otis Street3851 Otis Street3851 Otis Street
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Discover a prime investment opportunity with this 7-unit multifamily property in the highly desirable Wheat Ridge neighborhood. This well-maintained complex features two 3-bed, 1-bath units and five comfortable 2-bed, 1-bath units, most of which have been recently updated. Enhancements include a newer roof, vinyl windows, fresh exterior paint, new commercial water heater, and new exterior fencing among other things. The property sits on a large lot offering ample parking, on-site laundry, large storage shed, court yard, sprinkler system, and storage lockers for tenants. Ideally located, it’s a short walk to 38th Ave and minutes from I-70, providing easy access to nearby restaurants, parks, bars, and more. Just 10 minutes from the Highlands, and 5 minutes from both the Tennyson Street District and Olde Town Arvada. Owned by the same dedicated owner for nearly 20 years, this property is a testament to excellent upkeep and care. Don't miss out on this rare gem!

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Listing Snapshot
Price 
$1,550,000
Days Online 
24 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,520 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
1951
MLS® Number 
8421934
Status 
Active
Property Tax 
$6,469
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active
4 weeks agoListing first seen online
General Features
Construction 
Brick
Building Features 
Bike StorageCoin LaundryLaundryStorage
Parking Spaces 
20
Sewer 
Public Sewer
Acreage 
0.32
Water 
Public
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Property Sub Type 
Multi Family
Garage Spaces 
0
Attached Garage 
No
Interior Features
Fireplace 
No
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Exterior Features
Roof 
Composition
Spa 
No
Waterfront Property 
No
Lot 
IrrigatedLandscapedNear Public TransitSprinklers In FrontSprinklers In Rear
Community Features
Security Features 
Carbon Monoxide Detector(s)Smoke Detector(s)
Building Features 
Bike StorageCoin LaundryLaundryStorage
Listing courtesy of Lombardi + CO Real Estate Group 303-902-3000



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 Lombardi + CO Real Estate Group 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.

Neighborhood & Commute
Source: Walkscore
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