CO > Wheat Ridge
Wheat Ridge, CO 80033,3851 Otis ST
Wheat Ridge, CO 80033,3851 Otis ST
Wheat Ridge, CO 80033,3851 Otis ST
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William Watson

William Watson

+1(303) 842-0836
$1,500,000
Est. payment /mo
5,520 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,520 sqft

Price per Sqft $271

MLS Listing ID 9236769

HOA Y/N No

Year Built 1951

Annual Tax Amount $6,488

Tax Year 2024

Lot Size 0.324 Acres

Acres 0.32

Property Sub-Type Multi Family

Source recolorado

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

Location

State CO

County Jefferson

Interior

Fireplace N

Exterior

Roof Type Unknown

Total Parking Spaces 15

Garage No

Building

Sewer Public Sewer

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Kaufman Hagan
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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

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