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3830 Otis ST #1-4 Wheat Ridge, CO 80033
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,548 sqft
Price per Sqft $183
Subdivision Patio Court Condos
MLS Listing ID 2082472
Sold Date 11/13/26
Style Traditional
Bedrooms 8
HOA Y/N No
Year Built 1981
Property Sub-Type Quadruplex
Property 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, 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.
Location
State CO
County Jefferson
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Walk-In Closet(s)
Heating Forced Air
Cooling Evaporative Cooling
Flooring Carpet, Vinyl
Fireplaces Number 4
Fireplaces Type Family Room
Appliance Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Self Cleaning Oven, Washer
Laundry In Unit
Exterior
Exterior Feature Lighting, Private Yard, Rain Gutters
Parking Features Detached, Garage, Carport
Garage Spaces 4.0
Carport Spaces 5
Fence Partial
Utilities Available Electricity Connected
Waterfront Description Public
Roof Type Composition
Porch Covered, Front Porch
Private Pool No
Building
Lot Description Landscaped, Sprinklers In Front
Story Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1
Others
Senior Community No
Tax ID 400544
Special Listing Condition None Known
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