3830 Otis St Unit 1-4

Wheat Ridge, CO 80033
Square Ft.
6,548
$1,775,000
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 withRead MoreRead Less
Courtesy of Chad Hartmann, The Old Country Real Estate Group LLC, 720-724-3933.
Listing Snapshot
Days Online
353
Last Updated
Property Type
Income Property
Square Ft.
6,548
Year Built
1981
MLS Number
2082472
30 Days Snapshot Of 80033
$697k
+2%
(avg) sold price
34
+54%
homes sold
25
-50%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Self Cleaning Oven", "Dishwasher", "Refrigerator", "Washer", "Dryer", "Disposal"
Building
6548 total sqft, Living Area: 6548, Above Grade Finished Area: 6548, Building Area Total: 6548, Construction Materials: "Brick/Brick Veneer", "Wood Siding", Levels: "Two", Stories: 2, Year Built: 1981
Cooling
"Evaporative Cooling", "Ceiling Fan(s)"
Expenses
Operating Expense: $20,360
Exterior Features
Patio/Porch: "Patio"
Fence
"Partial"
Fireplaces
"2+ Fireplaces"
Garage
Type: Detached, Covered Spaces: 4, Garage Spaces: 4
Water Features
Has Water Rights: No, Water Source: "City Water"
Heating
"Forced Air"
Income
Gross Income: $92,400, Net Operating Income: $70,192
Interior Features
"Walk-In Closet(s)"
Lot
Features: "Gutters", "Lawn Sprinkler System"
Property
Property Condition: "Not New, Previously Owned", Crops: None
Roof
"Composition"
Sewer
"City Sewer", "Public Sewer"
Taxes
Tax Annual Amount: 2326, Tax Year: 2023
Tenant Pays
Tenant Pays: "Gas", "Electricity", "Exterior Maintenance"
Unit One
Rent: $1,900, Bedrooms: 2, Total Baths: 2, 1637 estimated sqft
Unit Two
Rent: $2,000, Bedrooms: 2, Total Baths: 2, 1637 estimated sqft, Number 2 Bedroom Units: 4
Unit Three
Rent: $1,800, Bedrooms: 2, Total Baths: 2, 1637 estimated sqft
Unit Four
Rent: $2,000, Bedrooms: 2, Total Baths: 2, 1637 estimated sqft
Utilities
Electric: "Electric", "Separate Meter Electricity", Gas: "Separate Meter Gas", Utilities: "Electricity Available"
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Adam Schwartz
REALTOR®
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