6735 W 37th Place, Wheat Ridge, CO 80033
- $1,680,000
Courtesy of LIV Sotheby's Intl Realty . 3034436161
- List Price
- $1,680,000
- Status
- ACTIVE
- Days on Market
- 347
- Price Change
- ▼ $20,000 1771731906
- MLS#
- IR1041851
- Style
- Contemporary
- Year Built
- 2002
- Lot Size
- 13,112
- Acres
- 0.30
- Subdivision
- Lynn Lee Sub
- Neighborhood
- Lynn Lee Sub
Property Description
Positioned as a rare opportunity in today's market, this three-unit multi-family property delivers immediate rental income with substantial upside for future growth. Each of the triplex's residences offers a well-designed floor plan with two bedrooms, two bathrooms, and more than 1,200 square feet of finished living space. Every unit is equipped with an attached two-car garage, full appliance package (refrigerator, oven/range, microwave, dishwasher, washer, and dryer), private patio, and fenced yard-enhancing tenant appeal and long-term retention. Unfinished basements of over 1,200 square feet per unit, already plumbed for bathrooms and bedrooms, provide an extraordinary opportunity to increase rentable square footage. Investors may also explore value-add strategies such as separate basement entries or vertical expansion ("pop-top") to create additional rentable units, significantly increasing NOI. The property includes an owned on-site security system with cameras, providing additional peace of mind for both ownership and tenants. Current residents are on month-to-month leases with willingness to extend, ensuring immediate income continuity. With its combination of stable cash flow, expansion-ready infrastructure, and prime tenant amenities, 6735, 6733, and 6731 West 37th Place represents an exceptional commercial investment for both seasoned operators and portfolio builders seeking value-add multifamily assets.
Additional Information
- Taxes
- $3,359
- Property Description
- Contemporary
- Zoning
- RES
- Appliances
- Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Levels
- One
- Roof
- Composition
- School District
- Jefferson County R-1
- Elementary School
- Stevens
- Middle School
- Everitt
- High School
- Wheat Ridge
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