3830 Otis Street Unit 1-4

Wheat Ridge, CO 80033
Beds
8
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 The Old Country Real Estate Group LLC, Chad Hartmann, [email protected].
Listing Snapshot
Days Online
383
Last Updated
Property Type
Quadruplex
Beds
8
Square Ft.
6,548
Year Built
1981
MLS Number
2082472
30 Days Snapshot Of 80033
$545k
-23%
(avg) sold price
14
-54%
homes sold
64
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Dishwasher", "Disposal", "Dryer", "Gas Water Heater", "Refrigerator", "Self Cleaning Oven", "Washer"
Building
Above Grade Finished Area: 6548, Architectural Style: "Traditional", Common Walls: "2+ Common Walls", Construction Materials: "Brick", "Wood Siding", Levels: "Two", Living Area: 6548, Occupant Type: Tenant, Structure Type: "Quadruplex", Total Area: 6548, Unit Count: 4, Unit Types: "Array", "Array", "Array", "Array", Built in 1981
Cooling
Cooling: "Evaporative Cooling"
Disclosures
Exclusions: Any/all items owned by current tenants.
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Other", "Real Estate Tax", Operating Expense: $20,360, Projected Annual Expense: $20,360
Exterior Features
Features: "Lighting", "Private Yard", "Rain Gutters", Patio And Porch Features: "Covered", "Front Porch"
Fence
Fencing: "Partial"
Fireplaces
4 fireplaces, Fireplace Features: "Family Room"
Floors
Flooring: "Carpet", "Vinyl"
Garage
4 garage spaces
Heating
Heating: "Forced Air"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 70192.00, Gross Income: $92,400, Projected Annual Net Income: $87,832, Projected Gross Income: $110,400
Interior Features
Features: "Ceiling Fan(s)", "Laminate Counters", "Walk-In Closet(s)"
Laundry
Features: "In Unit"
Lot
Features: "Landscaped", "Sprinklers In Front", Parcel Number: 400544
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Insurance", "Taxes", "Trash Collection", "Water", Ownership: Individual
Parking
Parking Total: 13, Carport Spaces: 5, Offstreet Spaces: 0, Reserved Spaces: 4, RV Spaces: 0, Parking Count: 3, Features: "Asphalt", "Concrete"
Property
Livable Structure Count: 0, Out Building Count: 0, Property Condition: "Updated/Remodeled", Property Sub Type: Quadruplex
Roof
Roof: "Composition"
Security Features
Features: "Smoke Detector(s)"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 2326, Legal Description: SECTION 24 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 586810 SUBDIVISIONNAME PATIO COURT CONDOS BLOCK LOT 0001 TRACT; SECTION 24 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 586810 SUBDIVISIONNAME PATIO COURT CONDOS BLOCK LOT 0002 TRACT; SECTION 24 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 586810 SUBDIVISIONNAME PATIO COURT CONDOS BLOCK LOT 0003 TRACT; SECTION 24 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 586810 SUBDIVISIONNAME PATIO COURT CONDOS BLOCK LOT 0004 TRACT, Tax Year: 2023
Tenant Pays
Tenant Pays: "Cable TV", "Electricity", "Gas", "Grounds Care"
Utilities
Power Production Count: 0, Utilities: "Electricity Connected", Utility Billing To Tenants: Direct Billing from Utility, Utility Metering: Common Water, Separate Electric, Separate Gas, Water Source: "Public"
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.