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Listing Source
With courtesy of CBRE, Inc. Posted by REcolorado (Denver)
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3710 Owens Street
Wheat Ridge, CO 80033
— Jefferson
County — Applewood Village Neighborhood
Income Property$975,000Sold Listing# 9106414
3000.00 sqft
1967 build
Updated: 10-21-2021 09:37am
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Property Description
Rare opportunity to acquire a turn-key fourplex in Wheat Ridge. The units are all two-bedroom, one-bathroom and are updated throughout. The property features newer vinyl, double-pane windows and the roof was replaced in 2017. Excellent location at the end of the block with private greenspace. The opportunity is ideally suited for self-management since there is no deferred maintenance. The property is very close to excellent retail with the Applewood Village Shopping Center, which includes Applejack Wine and Spirits and Orangetheory Fitness, only five minutes west of the property. Residents also have easy access to the Wheat Ridge Recreation Center less than a mile from the property. Wheat Ridge is one of the lowest vacancy submarkets in metro Denver with the stabilized vacancy rate less than 4.5% in the second quarter of this year.