Wheat Ridge, CO 80033,3760 Owens ST
Wheat Ridge, CO 80033,3760 Owens ST
Wheat Ridge, CO 80033,3760 Owens ST
Wheat Ridge, CO 80033,3760 Owens ST
Wheat Ridge, CO 80033,3760 Owens ST
Wheat Ridge, CO 80033,3760 Owens ST
Admin For EXIT Realty Mountain View
Admin For EXIT Realty Mountain View

Real Estate Brokerage | License ID: EC100081812

+1(719) 375-3864

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$ 785,000

$ 830,000 5.4%

Est. payment | /mo

8 Beds

4 Baths

3,588 SqFt


$ 785,000

$ 830,000 5.4%

Est. payment | /mo

8 Beds

4 Baths

3,588 SqFt

Key Details

Sold Price $785,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,588 sqft

Price per Sqft $218

Subdivision Brookside

MLS Listing ID 8504297

Bedrooms 8

Year Built 1967

Annual Tax Amount $4,519

Tax Year 2024

Lot Size 8,538 Sqft

Property Sub-Type Quadruplex

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

Laundry Common Area

Exterior

Utilities Available Cable Available, Electricity Available

Roof Type Composition

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Wood Siding

Schools

Elementary Schools Prospect Valley

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson County R-1

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Atlas Real Estate Group
Bought with Keller Williams Integrity Real Estate LLC
Admin For EXIT Realty Mountain View

+1(719) 375-3864

admin@exitrealtymtview.com

3204 N Academy Blvd Suite 120, springs, CO, 80917, United States

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