4629-4653 Otis ST new to site

Wheat Ridge,CO 80033

$ 2800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5025545

HOA Y/N No

Year Built 1960

Annual Tax Amount $9,961

Tax Year 2024

Lot Size 0.542 Acres

Acres 0.54

Property Sub-Type Multi Family

Source recolorado

Property Description

4629-4653 Otis Street is a 13-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. 4629-4653 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: 1960
# Buildings: 1
# Stories: 1
Total Units: 13
Construction: Masonry
Roof Type: Pitched
Gross Building SF: 9,840
Lot SF: 23,610
Parking: Open | 22 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 22

Garage No

Building

Sewer Public Sewer

Structure Type Brick

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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