3830 Otis Street, Unit 14

Wheat Ridge, CO 80033

$2,100,000
Price
8
Beds
8
Baths
6,548 Sq. Ft.
$321 / Sq. Ft.
6,548
Sq. Ft.
$321
per Sq. Ft.

Description

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,...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.
  1. Listed by Chad Hartmann • The Old Country Real Estate Group LLC • 720-724-3933

Property Details for 3830 Otis Street, Unit 14

Structure Type
Quadruplex
Architectural Style
Traditional
Levels
Two
Stories
2
Subdivision Name
Patio Court Condos
Association
No
Basement
No
LISTING UPDATED: 09/24/2024 09:41 AM

Property Details for 3830 Otis Street, Unit 14

StatusActive
MLS #2082472
Days on Compass85
Taxes$2,326 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1981
Lot Size-
CountyJefferson County

Building Information for 3830 Otis Street, Unit 14

Stories-Residences-Year Built1981Building Size-Lot Size-

Property Information for 3830 Otis Street, Unit 14

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 6548
  • Sqft Total: 6548
  • Living Area (SqFt Finished): 6548
  • Above Grade Finished Area: 6548
  • Living SqFt: 6548
  • Area Source: Public Records
  • PSF Total: 321
  • PSF Above Grade: 321
  • PSF Finished: 321
  • Master on Main: No
  • Fireplaces Total: 4
  • Fireplace Features: Family Room
  • Heating: Forced Air
  • Cooling: Evaporative Cooling
  • Interior Features: Ceiling Fan(s), Laminate Counters, Walk-In Closet(s)
  • Security Features: Smoke Detector(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Self Cleaning Oven, Washer
  • Laundry Features: In Unit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 8
Bathrooms
  • Bathrooms Total: 8
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $2,000.00
  • Unit Average Sq Ft: 1637
  • Beds Total: 2
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Description: 3830 Otis St #4 - Occupied
Unit 2
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,900.00
  • Unit Average Sq Ft: 1637
  • Numberof Parking Per Unit: 4
  • Beds Total: 2
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Description: 3830 Otis St #3 - Occupied
Unit 3
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $2,000.00
  • Unit Average Sq Ft: 1637
  • Numberof Parking Per Unit: 4
  • Beds Total: 2
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Description: 3830 Otis St #2 - Occupied
Unit 4
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,800.00
  • Unit Average Sq Ft: 1637
  • Numberof Parking Per Unit: 4
  • Beds Total: 2
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Description: 3830 Otis St #1 - Occupied
Parking
Parking
  • Parking Features: Asphalt, Concrete
  • Attached Garage: No
  • Parking Type: Garage (Detached), Carport (Detached), Reserved - Exclusive Use Only
  • Parking Description: Garage (Detached)-4, Carport (Detached)-5, Reserved - Exclusive Use Only-4
  • Parking Details: 4, 5
  • Parking Total: 3
  • Garage Spaces: 4
  • Offstreet Spaces: 0
  • Parking Count: 13
  • Carport Spaces: 5
  • Reserved Spaces: 4
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Stevens
  • Elementary School District: Jefferson County R-1
  • Middle Or Junior School: Everitt
  • Middle Or Junior School District: Jefferson County R-1
  • High School: Wheat Ridge
  • High School District: Jefferson County R-1
Site & Location Information
  • Lot Features: Landscaped, Sprinklers In Front
  • Fencing: Partial
  • Property Exclusions: Any/all items owned by current tenants.
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Brick, Wood Siding
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Common Walls: 2+ Common Walls
  • Exterior Features: Lighting, Private Yard, Rain Gutters
  • Patio And Porch Features: Covered, Front Porch
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Electricity Connected
  • Sewer: Public Sewer
  • Electric: Electric, Separate Meter Electricity

Schools near 3830 Otis Street, Unit 14

This home is within Jefferson County R-1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Stevens Elementary School
PublicPK to 5

Everitt Middle School
Public6 to 8

Wheat Ridge High School
Public9 to 12

Sobesky Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3830 Otis Street, Unit 14 is a multi-family home for sale in Wheat Ridge, CO 80033. This property was listed for sale on August 31, 2024 by The Old Country Real Estate Group LLC, it's currently listed at $2,100,000. This listing's school district is Jefferson County R-1 School District. Nearby schools include Stevens Elementary School, Everitt Middle School and Wheat Ridge High School. 3830 Otis Street, Unit 14 is a 8-bed, 8-bath, 6,548 sqft multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Old Country Real Estate Group LLC, Chad Hartmann

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.