CO > Wheat Ridge > Brookside
Wheat Ridge, CO 80033,3760 Owens ST
Wheat Ridge, CO 80033,3760 Owens ST
Wheat Ridge, CO 80033,3760 Owens ST
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Justin Morgan

Justin Morgan

+1(720) 893-2278
$830,000
Est. payment /mo
8 Beds
4 Baths
3,588 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,588 sqft

Price per Sqft $231

Subdivision Brookside

MLS Listing ID 8504297

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,588

Year Built 1967

Annual Tax Amount $4,519

Tax Year 2024

Lot Size 8,538 Sqft

Acres 0.2

Property Sub-Type Quadruplex

Source recolorado

Property Description

Fully leased 4-plex in the heart of well established Applewood area of Wheat Ridge, across the street from a charming park and just off Kipling and 38th. This property is ideally positioned south of I70, just minutes from Downtown Denver or Golden. Priced at $830,000, this fully leased value-add opportunity features four 2BR/1BA units, plentiful off street parking in designated lot, and additional income from laundry and utility reimbursements (RUBS). Currently producing a 5.57% cap rate. Could use light renovations but running smoothly as is and any future updates could be handled minimally, during next turns. Local demographics and the central location with proximity to all major thoroughfares provide this property's long term value and rental demand. Surrounding residential area has experienced a major rejuvenation and modern development with high end SFRs. Investors should jump at this rare multifamily opportunity in this highly desirable, growth-oriented corridor.

Location

State CO

County Jefferson

Interior

Heating Baseboard

Cooling Air Conditioning-Room

Flooring Carpet, Laminate

Fireplace N

Laundry Common Area

Exterior

Utilities Available Cable Available, Electricity Available

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Wood Siding

Schools

Elementary Schools Prospect Valley

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson County R-1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Atlas Real Estate Group

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Justin Morgan

+1(720) 893-2278

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3760 Owens ST

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