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.
Exclusions: Any/all items owned by current tenants.
Location
Subdivision Name: Patio Court Condos
Parking
Parking
Carport Spaces: 5
Garage Spaces: 4
Parking Features: Asphalt, Concrete
Parking Total: 13
Schools
Elementary School
Elementary School: Stevens
Elementary School District: Jefferson County R-1
High School
High School: Wheat Ridge
High School District: Jefferson County R-1
Middle or Junior School
Middle Or Junior School: Everitt
Middle Or Junior School District: Jefferson County R-1
Utilities
Equipment
Cooling: Evaporative Cooling
Heating: Forced Air
Laundry Features: In Unit
Sewer: Public Sewer
Utilities: Electricity Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 8 bedrooms and 8 bathrooms in this multi-family home at 3830 Otis Street 14.
What schools are nearby to 3830 Otis Street 14?
Nearby schools include the Stevens Elementary School, Everitt Middle School, and Wheat Ridge High School.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 3830 Otis Street 14.
What are the annual taxes for 3830 Otis Street 14?
Annual taxes for this multi-family home are estimated at $2,326.
How does 3830 Otis Street 14 compare to other multi-family homes in Barths?
This multi-family home is listed 48% above the average price for multi-family homes in Barths and has been on the market for 420 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 6,548 sqft.
3830 Otis Street 14 is a 8-bedroom, 8-bath multi-family home for sale in Wheat Ridge CO 80033. On Prevu for 467 days at $1,775,000. This includes a recent price decrease of $215,000. This property features 6,548 square feet of living space, located in Barths. The median listing price for multi-family homes in this area is $732,500. Nearby schools include Stevens Elementary School, Everitt Middle School, and Wheat Ridge High School. Property amenities include private outdoor space, dishwasher, parking, and washer/dryer. Browse more multi-family home listings in Wheat Ridge.
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