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3830 Otis St 1-4

wheat ridge, CO 80033

$1,575,000

  • 8 BR
    8 BA
    approx. 6,548 SF

Interested? Let's Connect

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.

Details

6,548 Sq Ft

investment

$194 Monthly Tax

Built in 1981

MLS/Listing ID 2082472

Amenities & Features

Lighting

Private Yard

Rain Gutters

Composition

Ceiling Fans

Partial

Family Room Fireplace

Vinyl

Carpet

Heating - Forced Air

Walk-in Closets

In Unit Laundry

Lot - Landscaped

Parking - Concrete

Parking - Asphalt

Front Porch

Covered

Washer

Refrigerator

Gas Water Heater

Dryer

Self Cleaning Oven

Disposal

Dishwasher

Style - Traditional

Construction - Wood Siding

Construction - Brick

Cooling - Evaporative Cooling

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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Interested In 3830 Otis St 1-4?