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Kami & Brad Carstens

kami@thecarstensgroup.com +1(303) 579-2527

$ 1,680,000

Est. payment | -/mo

7,412 SqFt

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$ 1,680,000

Est. payment | -/mo

Save Virtual Tour

7,412 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,412 sqft

Price per Sqft $226

Subdivision Lynn Lee Sub

MLS Listing ID IR1041851

Style Contemporary

HOA Y/N No

Year Built 2002

Annual Tax Amount $3,359

Tax Year 2024

Lot Size 0.301 Acres

Acres 0.3

Property Sub-Type Triplex

Source recolorado

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.

Location

State CO

County Jefferson

Zoning RES

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Equipment Satellite Dish

Fireplace N

Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Exterior

Fence Fenced

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Roof Type Composition

Total Parking Spaces 6

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Stone,Frame,Wood Siding

Schools

Elementary Schools Stevens

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson County R-1

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://homes.livsothebysrealty.com/listing-preview/206698966?ax=bmlkPTIwNjY5ODk2Ng==

Listed by LIV Sotheby's Intl Realty

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+1(303) 579-2527

kami@thecarstensgroup.com

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6735 W 37th PL Wheat Ridge, CO 80033