3851 OTIS ST
WHEAT RIDGE, CO 80033
$1,550,000
0 Beds
0 Baths
5,520 Sq Ft
Status Active
MLS# 8421934
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!
Details for 3851 OTIS ST
$281 / Sq Ft
20 parking spaces
20 Days on website
0.32 acres lot
Area Information for 3851 OTIS ST
