3851 Otis Street

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

Listing Office: Kaufman Hagan

Essential Information

MLS® #9236769
Price$1,500,000
Bathrooms0.00
Square Footage5,520
Acres0.32
Year Built1951
TypeCommercial Sale
Sub-TypeMulti Family
StatusActive

Community Information

Address3851 Otis Street
CityWheat Ridge
CountyJefferson
StateCO
Zip Code80033

Amenities

Parking Spaces15

Exterior

RoofUnknown

Additional Information

Date ListedMay 22nd, 2025

Listing Details

Kaufman Hagan

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Listing information last updated on May 25th, 2025 at 10:03am MDT.

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3851 Otis Street, Wheat Ridge, CO – $1,500,000