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Dewey Shanks

[email protected] +1(806) 681-3612

$ 1,700,000

Est. payment -/mo

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6735 W 37th Pl Wheat Ridge, CO 80033

6 Beds

6 Baths

0.3 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Attached Dwelling

Listing Status Active

Purchase Type For Sale

Subdivision Lynn Lee Sub

MLS Listing ID 1041851

Style Contemporary/Modern,Ranch

Bedrooms 6

HOA Y/N false

Year Built 2002

Annual Tax Amount $3,359

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Attached Dwelling

Source IRES MLS

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, 6735-6731 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

Area Metro Denver

Zoning RES

Rooms

Basement Full, Unfinished

Interior

Interior Features Satellite Avail, High Speed Internet

Heating Forced Air

Cooling Central Air

Window Features Window Coverings,Double Pane Windows

Appliance Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave

Exterior

Exterior Feature Lighting

Parking Features Garage Door Opener

Fence Fenced, Wood

Utilities Available Natural Gas Available, Electricity Available, Cable Available

Roof Type Composition

Street Surface Paved,Asphalt

Porch Patio

Building

Lot Description Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Within City Limits

Faces South

Story 1

Sewer City Sewer

Water City Water, WHEAT RIDGE WATER

Level or Stories One

Structure Type Wood/Frame,Stone,Wood Siding

New Construction false

Schools

Elementary Schools Stevens

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson Dist R-1

Others

Senior Community false

Tax ID 210917

SqFt Source Assessor

Special Listing Condition Private Owner

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

Information and Real Estate Services (IRES)

Listed by Ryan McIntosh • LIV Sotheby's Intl Realty • 3034436161

Dewey Shanks

Agent | License ID: P32281

+1(806) 681-3612

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Colorado

Dewey Shanks

6735 W 37th Pl Wheat Ridge, CO 80033

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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6735 W 37th Pl