Judy Pitt

Broker Associate
License#:

$1,680,000

6735-6733-6731 W 37th Place, Wheat Ridge, CO 80033  (Sold on )

  • Price Reduced$20,000
  • Open House
  • New Listing
  • Coming Soon
  • 6 BedBeds
  • 6 BathBaths
  • 7,412 SqftSqft
  • TypeIncome Property
  • Active
  • MLS# 5085326
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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.

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Property Details

General

  • Subdivision: Barths
  • County: Jefferson
  • List Date: 08/21/2025
  • DOM: 263
  • Style: Traditional
  • Lot SqFt: 13112
  • Beds: 6
  • Year Built: 2002
  • New construction: NO
  • Sq Ft (total): 7412
  • Garage/Parking Spaces: 6
  • MLS#: 5085326

Interior Features

  • Heating: Forced Air
  • Cooling: Central Air

Exterior Features

  • Construction: Frame, Stone, Wood Siding
  • Roof: Composition
  • Type: Triplex
  • Outdoor Features: Private Yard
  • Waterfront: NO

Schools

  • School District: Jefferson County R-1
  • Elementry: Stevens
  • Middle/Jr: Everitt
  • High School: Wheat Ridge

Financial Considerations

  • Tax Year: 2024
  • Tax Amount: $3359

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Water/Sewer: Public Sewer
 

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